Crunching Numbers
Long only, dividend investing, media, telecom

Buy Cedar Fair For Above Average - And Rising Yield

Let's get one thing straight before going any further. Cedar Fair LP (NYSE:FUN) in not a dividend paying stock. Instead, it is a limited partnership that pays out an annual distribution and requires investors to file a K-1 at tax time. And, it trades units instead of shares. Even if it is in an IRA, there can be reporting requirements when unrelated business income exceeds certain thresholds. So, is it worth the extra effort? If a 15% compounded annual return since Cedar Fair began trading isn't enticing enough to get your interest, then this investment is probably not for you.

That's correct. According to CFO Brian Witherow:

Since going public in 1987, our investors have enjoyed the compound...
Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details