Did Six Flags Cut Their Dividend?

The rapid spread of the coronavirus across the United States has already forced amusement park operator Six Flags (NYSE: SIX) to close down its parks through mid-May (at least) and slash its dividend by two-thirds. Today, that dividend went away entirely.

Will Six Flags pay dividends?

Six Flags Entertainment's next dividend payment will be US$0.25 per share, and in the last 12 months, the company paid a total of US$3.32 per share. ... Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut.

Is Six Flags a good stock to buy right now?

There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Six Flags Entertainment stock.

Elena Rostova

Elena Rostova

Lead Health, Wellness & Medical Journalist

Elena Rostova holds a Master's degree in Public Health Journalism. She covers groundbreaking medical research, holistic wellness trends, mental health awareness, and nutritional science.