Dividend stocks can be a great source of passive income. Not only do they deliver cash into your brokerage account on a recurring basis, but they can also grow this income stream over time. Read on to learn about one company with a particularly generous cash payout that's set to grow even larger in the coming years.
Cedar Fair (NYSE:FUN) does one thing extremely well: turn amusement-park fun into cash for investors. In 2018, 25.9 million people visited the company's parks and resorts. In turn, Cedar Fair generated $1.35 billion in revenue and $468 million in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). As a master limited partnership, Cedar Fair is designed to pass its profits on to investors in a tax-advantaged manner. The MLP paid cash distributions of $203 million to its unitholders last year, and its units currently yield a hefty 7.4%.
Source: Motley Fool
Related Articles:
- 8 Dividend Growth Stocks With Very Little Debt
- 4 Secrets To Finding The Best Dividend Stocks
- What Determines A Dividend Stock's Yield
- 5 Dividend Stocks Yielding Over 3%, With Tiny Payout Ratios
- Warren Buffett's Secret To 50% Returns
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Many investors search for safe, dividend-paying stocks. As John D. Rockefeller once said: "Do you know the only thing that gives me ple...
-
With interest rates near zero, many investors are turning to dividend stocks for income. And for some investors, the higher the yield, the b...
-
Utility stocks have been relatively volatile in the recent past. However, most utility stocks have a low beta and have a stable cash flow vi...
-
Dividend stocks have fallen out of fashion during the pandemic. With interest rates at rock-bottom levels, investors have fled from assets l...
-
One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend gro...
-
The rollout of fifth-generation network services, also known as 5G, enhances the appeal of each of these three dividend-paying, 5G technolog...
-
With interest rates stuck below 1%, finding income in today's market can be difficult. Therefore it makes sense for income investors to ...
-
Before you go ahead and fill your portfolio with dividend stocks, it would be prudent to check out their market capitalizations as well. Sev...
-
These stocks have superior fundamentals that make dividend growth a quality and promising investment for the long term. These include a sust...
-
Unfortunately, some investors that are new to dividend stocks end up chasing the highest yield stocks they can find and end up getting burne...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.