Six Flags Entertainment Corporation
FUNSix Flags Entertainment Corporation (FUN) is a major amusement park and entertainment company in North America. It operates numerous theme parks offering thrill rides, family attractions, live entertainment, and seasonal events. Founded in 1961, Six Flags is known for its wide array of roller coasters and entertainment options, attracting millions of visitors annually. The company focuses on providing recreational experiences and leisure activities across its various locations.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| June 19, 2024 | $0.30 | 2024-06-05 | 2024-06-05 |
| March 20, 2024 | $0.30 | 2024-03-05 | 2024-03-06 |
| December 20, 2023 | $0.30 | 2023-12-05 | 2023-12-06 |
| September 20, 2023 | $0.30 | 2023-09-05 | 2023-09-06 |
| June 21, 2023 | $0.30 | 2023-06-06 | 2023-06-07 |
Dividends Summary
- Consistent Payer: Six Flags Entertainment Corporation has rewarded shareholders with 65 dividend payments over the past 19 years.
- Total Returned Value: Investors who held FUN shares during this period received a total of $37.06 per share in dividend income.
- Latest Payout: The most recent dividend of $0.30/share was paid 759 days ago, on June 19, 2024.
- Yield & Schedule: FUN currently pays dividends quarterly with an annual yield of 6.85%.
- Dividend Growth: Since 2005, the dividend payout has decreased by 34.8%, from $0.46 to $0.30.
- Dividend Reliability: FUN has maintained or increased its dividend for 8 consecutive payments.
Company News
Comcast announced plans to spin off NBCUniversal media assets, with shares jumping 18% on Monday. Despite the spike, the stock remains down significantly over longer periods. The author identifies three reasons for buying: undervaluation at 5x trailing earnings, strong theme park growth momentum, and an attractive 5.5% dividend yield ahead of the...
Despite consumer pessimism about the economy, Americans are redirecting spending toward affordable domestic entertainment. Three entertainment stocks—Marcus Corporation (MCS), Six Flags Entertainment (FUN), and Sphere Entertainment (SPHR)—are outperforming the broader market with gains exceeding 50% year-to-date. Each company has successfully...
Six Flags Entertainment stock surged 15.59% after reporting strong Q1 results with 12% revenue growth to $225.6 million, driven by 4% attendance increase to 2.9 million visits and 6% rise in per capita spending to $69.26. The company's active pass base grew 6% to 5 million units, and management's cost-cutting efforts improved EBITDA loss by $48 m...
Disney suspended its dividend to fund capital expenditures for theme park upgrades rather than returning cash to shareholders. The article argues this is a strategic decision that protects Disney's pricing power and long-term cash flows, positioning the company to maintain premium positioning against lower-tier competitors.
Six Flags Entertainment stock rose 9% this week after activist investor Jana Partners urged the company to sell itself or go private. Multiple activist firms, including Sachem Head Capital Management and Land & Buildings Investment Management, are pushing for operational changes following the disappointing Cedar Fair acquisition. Despite the pop,...
