CF Industries Holdings, Inc. Plans Quarterly Dividend of $0.50 (NYSE:CF)

CF Industries Holdings, Inc. (NYSE:CF) announced a quarterly dividend on Tuesday, January 27th. Shareholders of record on Friday, February 13th will be paid a dividend of 0.50 per share by the basic materials company on Friday, February 27th. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date is Friday, February 13th.

CF Industries has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 3 consecutive years. CF Industries has a dividend payout ratio of 32.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect CF Industries to earn $5.86 per share next year, which means the company should continue to be able to cover its $2.00 annual dividend with an expected future payout ratio of 34.1%.

CF Industries Trading Up 1.2%

NYSE CF traded up $1.08 during trading hours on Wednesday, hitting $92.82. The company’s stock had a trading volume of 623,419 shares, compared to its average volume of 2,467,263. CF Industries has a twelve month low of $67.34 and a twelve month high of $104.45. The firm has a market capitalization of $14.48 billion, a P/E ratio of 11.18 and a beta of 0.69. The company has a quick ratio of 1.99, a current ratio of 2.27 and a debt-to-equity ratio of 0.39. The stock has a fifty day moving average of $80.72 and a 200 day moving average of $84.90.

CF Industries (NYSE:CF) last issued its earnings results on Wednesday, November 5th. The basic materials company reported $2.19 EPS for the quarter, beating the consensus estimate of $2.06 by $0.13. CF Industries had a net margin of 20.47% and a return on equity of 18.14%. The company had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.59 billion. During the same quarter in the previous year, the company posted $1.55 EPS. The business’s revenue for the quarter was up 21.1% compared to the same quarter last year. Equities research analysts forecast that CF Industries will post 5.83 earnings per share for the current fiscal year.

CF Industries Company Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.