Dividend Flows Don’t Lie: Six Flags Entertainment Corporation New (NYSE:SIX) dividends of $0.64 are projected for the near future; this is why.

Dividend Flows Don't Lie: Six Flags Entertainment Corporation New (NYSE:SIX) dividends of $0.64 are projected for the near future; this is why.

Six Flags Entertainment Corporation New (NYSE:SIX) is expected to pay $0.64 on Dec 12, 2016. The indicated annual dividend is $2.56. Shareholders owning the stock before Nov 29, 2016 will be eligible to receive the payout. Based on Six Flags Entertainment Corporation New’s current price of $57.83, the dividend is 1.11%. This dividend’s record date is Dec 1, 2016 and the announcement date is Nov 8, 2016. The stock increased 0.16% or $0.09 on November 25, hitting $57.83. Six Flags Entertainment Corp (NYSE:SIX) has declined 0.74% since April 25, 2016 and is downtrending. It has underperformed by 6.75% the S&P500.

Six Flags Entertainment Corporation is a regional theme park operator. The company has a market cap of $5.33 billion. The Firm operates in the theme parks segment. It has a 46.6 P/E ratio. The Firm operates approximately 20 regional theme and water parks.

Six Flags Entertainment Corp (NYSE:SIX) Ratings Coverage

Out of 9 analysts covering Six Flags Entertainment (NYSE:SIX), 6 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 67% are positive. Six Flags Entertainment has been the topic of 14 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock of Six Flags Entertainment Corp (NYSE:SIX) earned “Outperform” rating by Oppenheimer on Wednesday, April 6. The stock of Six Flags Entertainment Corp (NYSE:SIX) earned “Neutral” rating by Macquarie Research on Wednesday, December 9. The stock has “Outperform” rating given by FBR Capital on Friday, April 1. As per Wednesday, October 21, the company rating was maintained by FBR Capital. The firm has “Long-Term Buy” rating by Hilliard Lyons given on Tuesday, August 23. The firm earned “Outperform” rating on Thursday, October 27 by FBR Capital. Sterne Agee CRT initiated Six Flags Entertainment Corp (NYSE:SIX) on Tuesday, March 29 with “Neutral” rating. Janney Capital initiated Six Flags Entertainment Corp (NYSE:SIX) on Tuesday, September 15 with “Buy” rating. The stock of Six Flags Entertainment Corp (NYSE:SIX) has “Equal-Weight” rating given on Tuesday, April 19 by Stephens. The company was maintained on Friday, August 28 by Credit Suisse.

More recent Six Flags Entertainment Corp (NYSE:SIX) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Ross Stores, InterContinental Hotels Group and Six Flags …” on August 29, 2016. Also Businesswire.com published the news titled: “Six Flags and Samsung Introduce World’s First Fully Interactive Roller Coaster …” on August 05, 2016. Forbes.com‘s news article titled: “Six Flags Entertainment Becomes Oversold (SIX)” with publication date: August 15, 2016 was also an interesting one.

SIX Company Profile

Six Flags Entertainment Corporation (Six Flags), incorporated on December 9, 1997, is a regional theme park operator. The Firm operates in the theme parks segment. The Firm operates approximately 20 regional theme and water parks. The Company’s parks occupy approximately 4,500 acres of land, and it owns approximately 800 acres of other developable land. The Company’s parks are located in geographically diverse markets across North America. The Company’s parks offer a selection of thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues and retail outlets. The Company’s parks offer approximately 830 rides, including over 130 roller coasters. The Firm holds long-term licenses for theme park usage of certain Warner Bros. and DC Comics characters throughout the United States (except the Las Vegas metropolitan area), Canada, Mexico and other countries. These characters include Bugs Bunny, Daffy Duck, Tweety Bird, Yosemite Sam, Batman, Superman, The Joker and others. In addition, it has certain rights to use the Hanna-Barbera and Cartoon Network characters, including Yogi Bear, Scooby-Doo, The Flintstones and others. The Company’s licenses include the right to sell merchandise featuring the characters at the parks, and to use the characters in its advertising, as walk-around characters and in theming for rides, attractions and retail outlets. Six Flags is also engaged in the sale of food and beverages, merchandise, games and attractions, parking and other services inside its parks.

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