Darkbeer
02-06-2004, 05:53 PM
Good Day at the Park (http://biz.yahoo.com/fool/040206/1076072220_1.html) - Motley Fool, 2/6/04
QuikQuote: While attendance dipped by 1% across the company's 11 properties, that was more than made up by a 3% uptick in guest spending. The company looks to post another record year in 2004, with a dividend hike likely later in the year. You can't take payouts lightly. The company's generous 5.6% yield tops even the 5% currently paid on the federal government 30-year bond. But readers of our Motley Fool Income Investor know that you can't judge an investment by its yield. The business behind those quarterly paychecks has to be dependable.
So while Disney and Six Flags remain years removed from their all-time highs, Cedar Fair was there last week. As one of the earliest recommendations in the newsletter that is now Motley Fool Hidden Gems, it is easy to see that Cedar Fair is a cut above the carnie crowd.
QuikQuote: While attendance dipped by 1% across the company's 11 properties, that was more than made up by a 3% uptick in guest spending. The company looks to post another record year in 2004, with a dividend hike likely later in the year. You can't take payouts lightly. The company's generous 5.6% yield tops even the 5% currently paid on the federal government 30-year bond. But readers of our Motley Fool Income Investor know that you can't judge an investment by its yield. The business behind those quarterly paychecks has to be dependable.
So while Disney and Six Flags remain years removed from their all-time highs, Cedar Fair was there last week. As one of the earliest recommendations in the newsletter that is now Motley Fool Hidden Gems, it is easy to see that Cedar Fair is a cut above the carnie crowd.