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Cedar Fair Declares First Quarter Cash Distribution
April 24, 2008
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Cedar Fair Press Release
SANDUSKY, OHIO, April 24, 2008 -- Cedar Fair Entertainment
Company (NYSE: FUN), a leader in regional amusement parks,
water parks and active entertainment, today announced the
declaration of a regular quarterly cash distribution of 48
cents per limited-partner unit, consistent with the
company’s increased annualized distribution rate of $1.92
per unit that was announced in February.
The distribution, which is payable May 15, 2008, to holders
of record May 5, 2008, represents the company’s 84th
consecutive quarterly cash distribution.
The Company also noted that it plans to issue a news release
and host a conference call with analysts on Tuesday, May
6th, 2008 to discuss 2008 first quarter earnings results.
Cedar Fair is a publicly traded partnership headquartered in
Sandusky, Ohio, and one of the largest regional
amusement-resort operators in the world. The Partnership
owns and operates 11 amusement parks, six outdoor water
parks, one indoor water park and five hotels. Amusement
parks in the company’s Northern Region include two in Ohio:
Cedar Point, consistently voted “Best Amusement Park in the
World” in Amusement Today polls and Kings Island; as well as
Canada’s Wonderland, near Toronto; Dorney Park, PA;
Valleyfair, MN; and Michigan’s Adventure, MI. In the
Southern Region are Kings Dominion, VA; Carowinds, NC; and
Worlds of Fun, MO. Western parks in California include:
Knott’s Berry Farm; Great America; and Gilroy Gardens, which
is managed under contract. Also included in that region is
Star Trek: The Experience, a Las Vegas-based interactive
adventure.
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