CVR Partners, LP Plans Quarterly Dividend of $1.19 (NYSE:UAN)

CVR Partners, LP (NYSE:UAN) announced a quarterly dividend on Monday, October 28th, NASDAQ reports. Shareholders of record on Friday, November 8th will be paid a dividend of 1.19 per share by the basic materials company on Monday, November 18th. This represents a $4.76 dividend on an annualized basis and a yield of 7.11%. The ex-dividend date of this dividend is Friday, November 8th.

CVR Partners Price Performance

CVR Partners stock opened at $66.97 on Wednesday. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 13.47 and a beta of 1.28. CVR Partners has a 52-week low of $60.50 and a 52-week high of $88.94. The company has a quick ratio of 1.44, a current ratio of 2.15 and a debt-to-equity ratio of 1.91. The firm’s fifty day moving average is $68.80 and its 200 day moving average is $74.51.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of CVR Partners from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 30th.

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.