Six Flags Entertainment Corp. said late Friday its board of directors plans to increase the company’s regular quarterly cash dividend by 11% to 78 cents a share, from 70 cents a share. The increase would be effective in the first quarter, subject to final approval, Six Flags said. “We are pleased to increase our dividend expectations in light of our continued confidence in our strong, recurring cash flow,” Chief Executive Jim Reid-Anderson said. The company’s cash flow “will benefit greatly” from the tax overhaul, he said. Shares of Six Flags were flat in late trading after ending the regular session up 0.3%.
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