CVR Partners, LP (UAN) to Issue Quarterly Dividend of $1.19 on November 18th

CVR Partners, LP (NYSE:UAN) declared a quarterly dividend on Monday, October 28th, NASDAQ reports. Stockholders of record on Friday, November 8th will be given 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 dividend yield of 7.11%. The ex-dividend date is Friday, November 8th.

CVR Partners Price Performance

UAN opened at $66.97 on Wednesday. The company has a current ratio of 2.15, a quick ratio of 1.44 and a debt-to-equity ratio of 1.91. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 13.47 and a beta of 1.28. The stock has a fifty day simple moving average of $68.80 and a two-hundred day simple moving average of $74.51. CVR Partners has a 12-month low of $60.50 and a 12-month high of $88.94.

Analysts Set New Price Targets

Separately, StockNews.com upgraded 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.