Dividend Growth of Six Flags Entertainment Corporation New(SIX)

Six Flags Entertainment Corporation New(SIX) is having a Dividend Yield of 4.15% with the Annual cash Dividend per share of $2.38. The last quarter cash dividend per share pay out was $0.64. Six Flags Entertainment Corporation New has a 5 year average dividend yield of 4.64% and the stock has a Indicated annual dividend of $2.56. Six Flags Entertainment Corporation New(SIX) formally announced its most recent dividend on February 9, 2017 with a Dividend per share of $0.64. The new indicated annual dividend based on announced dividend per share is $2.56. The dividend yield based on the forward looking indicated annual dividend is 4.15%. Six Flags Entertainment Corporation New(SIX) has the most recent dividend payout ratio of 1.86 with a 5-year average payout ratio of 1.84. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.01. The 5 year historical dividend growth of Six Flags Entertainment Corporation New(SIX) is at the rate of 14.45% while the R-Squared dividend growth is 0.82. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Six Flags Entertainment Corporation New (NYSE:SIX) rose 0.24% or 0.15 points on Thursday and made its way into the gainers of the day. After trading began at $61.95 the stock was seen hitting $62.0864 as a peak level and $61.56 as the lowest level. The stock ended up at $61.79. The daily volume was measured at 668,785 shares. The 52-week high of the share price is $62.69 and the 52-week low is $47.61. The company has a market cap of $5,688 million. Shares of Six Flags Entertainment Corporation rose by 2.17% in the last five trading days and 1.95% for the last 4 weeks. Six Flags Entertainment Corporation is up 15.59% in the last 3-month period. Year-to-Date the stock performance stands at 3.05%.

Currently the company Insiders own 7.1% of Six Flags Entertainment Corporation New shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -11.54% . Institutional Investors own 83.76% of Six Flags Entertainment Corporation New shares. During last six month period, the net percent change held by insiders has seen a change of -3.69%. Company has reported several Insider transactions to the SEC, on Feb 10, 2017, Brett Petit (Senior VP – Marketing) sold 7,302 shares at 61.95 per share price.On Dec 27, 2016, John M Duffey (CEO) purchased 25,000 shares at 59.93 per share price.On Dec 22, 2016, Marshall Barber (EVP, Chief Financial Officer) sold 10,071 shares at 60.00 per share price.

Six Flags Entertainment Corp Last issued its quarterly earnings results on Oct 26, 2016. The company reported $1.09 EPS for the quarter, missing the analyst consensus estimate by $ -0.52. Analyst had a consensus of $1.61. The company had revenue of $557.60 million for the quarter, compared to analysts expectations of $586.44 million. The companys revenue was down -3.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.64 EPS.

Six Flags Entertainment Corporation owns and operates regional parks. The Company has parks comprised of theme, water and zoological parks offering rides, water attractions, themed areas, concerts, shows, restaurants, game venues and retail outlets. The Company holds long-term licenses for theme park usage throughout the United States (except the Las Vegas metropolitan area), Canada, Mexico and other countries of certain Warner Bros. and DC Comics characters. These characters include Bugs Bunny, Daffy Duck, Tweety Bird, Yosemite Sam, Batman, Superman 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 uses these characters to market its parks and to provide an enhanced family entertainment experience. Six Flags Entertainment Corporation is based in New York, NY.

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