Finance: Cedar Fair announces cash distribution

Posted at 1:10 PM EDT (1710 GMT)

Oct. 24th, 2006 -- Via Press Release:

SANDUSKY, OHIO -- Cedar Fair Entertainment Company (NYSE: FUN), publicly traded leader in regional amusement resorts, water parks and active entertainment, today announced the declaration of a regular quarterly cash distribution  of 47 cents per limited-partner unit, continuing the company’s annualized distribution rate of $1.88 per unit.

The distribution, which is payable November 15, 2006, to holders of record November 3, 2006, represents the company’s 78th consecutive quarterly cash distribution.

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 12 amusement parks, five outdoor water parks, one indoor water park and six hotels. Amusement parks in the company’s northern region include three in Ohio: Cedar Point, consistently voted “Best Amusement Park in the World” in Amusement Today polls; Kings Island; and Geauga Lake & Wildwater Kingdom; 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 Bonfante Gardens, which is managed under contract.  Also included in that region is Star Trek: The Experience, a Las Vegas-based interactive adventure.

For more information visit Cedar Fair.