CVR Partners, LP (NYSE:UAN) Announces Quarterly Dividend of $1.92

CVR Partners, LP (NYSE:UAN) declared a quarterly dividend on Monday, April 29th, NASDAQ reports. Stockholders of record on Monday, May 13th will be given a dividend of 1.92 per share by the basic materials company on Monday, May 20th. This represents a $7.68 annualized dividend and a dividend yield of 9.39%. The ex-dividend date is Friday, May 10th. This is a positive change from CVR Partners’s previous quarterly dividend of $1.68.

CVR Partners Price Performance

UAN opened at $81.77 on Thursday. The firm has a market capitalization of $864.31 million, a PE ratio of 10.40 and a beta of 1.30. The company has a debt-to-equity ratio of 1.84, a current ratio of 2.29 and a quick ratio of 1.38. The business’s 50-day moving average is $75.07 and its two-hundred day moving average is $72.59. CVR Partners has a 1 year low of $60.50 and a 1 year high of $104.85.

CVR Partners (NYSE:UAN) last posted its quarterly earnings data on Tuesday, February 20th. The basic materials company reported $0.94 EPS for the quarter. The firm had revenue of $141.62 million during the quarter. CVR Partners had a net margin of 14.26% and a return on equity of 26.35%.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded CVR Partners from a “buy” rating to a “hold” rating in a research note on Wednesday, March 20th.

CVR Partners Company Profile

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.