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

Cedar Fair expands winter offerings

CEDAR FAIR L.P. $65 (New York symbol FUN; Income Portfolio, Consumer sector; Units outstanding: 56.4 million; Market cap: $3.7 billion; Price-to-sales ratio: 2.8; Dividend yield: 5.5%; TSINetwork Rating: Average; www.cedarfair.com) owns 11 amusement parks, three water parks (one indoor) and four hotels.
In the first quarter ended March… Read More