Six Flags Announces Ten-Fold Increase in Quarterly Dividend to $0.60 - Six Flags Entertainment (NYSE:SIX)

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Six Flags Entertainment Corporation (NYSE: SIX) announced today that its board of directors has approved an increase in the company's ongoing quarterly cash dividend from six cents per common share to sixty cents per share. The first-quarter dividend will be payable March 12, 2012 to shareholders of record as of March 1, 2012. In December 2011, the company announced a new credit agreement that provided incremental financial flexibility and in January 2012, the company announced a $250 million expansion of its share repurchase plan through 2015.

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