Cedar Fair, L.P. (NYSE:FUN) Updates On Dividend Release Date


On 2016-08-04, Cedar Fair, L.P. (NYSE:FUN) confirmed the dividend disbursement of $0.825 a share to shareholders as on record 2016-09-06. The firm will release dividend on 2016-09-15 while ex-dividend date is reported to be 2016-09-01.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Cedar Fair, L.P. (NYSE:FUN) paid a total of $0.825 per share in dividends. This figure stood at $0.825 a share in the same period a year ago indicating a deviation of 7.8947%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $67.666 on the stock. This figure is the average of recommendations offered by 6 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $70 and $65, respectively.

Taking the mathematical rating formula, the price for Cedar Fair, L.P. (NYSE:FUN) stands at 1.38. Earnings Review Cedar Fair, L.P. (NYSE:FUN) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $3.62.

Coming to the quarter ending on 2015-12-31, Cedar Fair, L.P. (NYSE:FUN) recorded EPS of $1.03. The reported numbers came lower than the analysts’ estimates of $1.06, demonstrating a miss of $-0.03 as against reported figures.

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