CVR Partners, LP (NYSE:UAN) Declares Quarterly Dividend of $1.90

CVR Partners, LP (NYSE:UAN) announced a quarterly dividend on Monday, July 29th, Zacks reports. Stockholders of record on Monday, August 12th will be paid a dividend of 1.90 per share by the basic materials company on Monday, August 19th. This represents a $7.60 annualized dividend and a dividend yield of 9.69%. The ex-dividend date is Monday, August 12th.

CVR Partners Trading Up 1.4 %

UAN opened at $78.46 on Wednesday. CVR Partners has a 52 week low of $60.50 and a 52 week high of $94.30. The business’s 50 day moving average is $78.28 and its two-hundred day moving average is $75.59. The company has a quick ratio of 1.38, a current ratio of 2.29 and a debt-to-equity ratio of 1.84.

CVR Partners (NYSE:UAN) last released its earnings results on Monday, July 29th. The basic materials company reported $2.48 earnings per share (EPS) for the quarter. The business had revenue of $132.90 million for the quarter. CVR Partners had a return on equity of 16.32% and a net margin of 9.29%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered CVR Partners from a “buy” rating to a “hold” rating in a report on Thursday, June 27th.

About CVR Partners

CVR Partners, LP, together with its subsidiaries, engages in the production and sale of nitrogen fertilizer products in the United States. The company offers ammonia products for agricultural and industrial customers; and urea ammonium nitrate products to agricultural customers, as well as retailers and distributors.