Your high yield comes with a warning

CEDAR FAIR L.P., $56, is a buy. The partnership (New York symbol FUN; Income Portfolio, Consumer sector; Units o/s: 56.7 million; Market cap: $3.2 billion; Price-to-sales ratio: 2.1; Divd. yield: 6.7%; TSINetwork Rating: Average; www.cedarfair.com) give investors exposure to 11 amusement parks and five water parks (one of… Read More

Amusement park operator has bright outlook

CEDAR FAIR L.P. $49 (New York symbol FUN; Income Portfolio, Consumer sector; Units outstanding: 56.4 million; Market cap: $2.8 billion; Price-to-sales ratio: 2.1; Dividend yield: 7.6%; TSINetwork Rating: Average; www.cedarfair.com) began operating in 1987 and is now one the world’s largest amusement park operators. Its parks attracted… Read More

Exercise caution when buying MLPs

U.S. master limited partnerships (MLPs) tend to offer much higher yields than other stocks. However, Canadian investors are subject to a U.S. withholding tax of roughly 35% on income from MLPs. (Note: investors can usually claim a Canadian tax credit to offset at least part… Read More