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...
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