Updating Our Income Stocks Cedar Fair L.P., Buckeye Partners L.P., Ameren Corp. and Quaker Chemical Corp.

Article Excerpt

CEDAR FAIR L.P. $28 earned $2.42 a unit in the third quarter of 2006, down 22.2% from $3.11 a year earlier, mainly due to a one-time gain in the year-earlier quarter. Thanks to its recent purchase of five amusement parks from CBS Corp., revenue jumped 71.0%, to $542.1 million from $317.0 million. Best Buy. BUCKEYE PARTNERS L.P. $45 raised its distribution for the tenth consecutive quarter, from $0.7625 a unit to $0.775. The new annual rate of $3.10 yields 6.9%. Best Buy. AMEREN CORP. $54 earned $1.42 a share in the third quarter, up 6.8% from $1.33 a year earlier. The company estimates that lost revenue and costs to repair damage caused by severe storms in Illinois and Missouri cut its earnings in the latest quarter by $0.10 a share. Cooler summer weather also hurt electricity demand. But these setbacks should not hurt Ameren’s $2.54 dividend (4.7% yield). Buy. QUAKER CHEMICAL CORP. $21 paid an undisclosed sum for a 40% stake in a..

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