Terra Nitrogen Company, L.P. (NYSE:TNH) declared a quarterly dividend on Friday, November 3rd, Wall Street Journal reports. Stockholders of record on Wednesday, November 15th will be paid a dividend of 1.36 per share by the basic materials company on Wednesday, November 29th. This represents a $5.44 dividend on an annualized basis and a dividend yield of 6.22%. The ex-dividend date is Tuesday, November 14th.

Terra Nitrogen Company, L.P. has decreased its dividend by an average of 15.2% annually over the last three years.

Shares of Terra Nitrogen Company, L.P. (NYSE:TNH) traded down $0.30 during trading hours on Monday, hitting $87.50. The stock had a trading volume of 25,800 shares, compared to its average volume of 26,224. Terra Nitrogen Company, L.P. has a 52-week low of $75.20 and a 52-week high of $115.86. The company has a market capitalization of $1,618.89, a PE ratio of 14.18 and a beta of 0.07.

TNH has been the topic of several recent analyst reports. ValuEngine raised Terra Nitrogen Company, L.P. from a “sell” rating to a “hold” rating in a research note on Monday, September 18th. BidaskClub cut Terra Nitrogen Company, L.P. from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th.

ILLEGAL ACTIVITY WARNING: This article was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this article on another site, it was illegally stolen and republished in violation of US and international copyright laws. The legal version of this article can be viewed at https://www.thecerbatgem.com/2017/11/13/terra-nitrogen-company-l-p-tnh-to-issue-quarterly-dividend-of-1-36-on-november-29th.html.

About Terra Nitrogen Company, L.P.

Terra Nitrogen Company, L.P. (TNCLP) is a limited partnership that produces nitrogen fertilizer products. The Company’s principal products are anhydrous ammonia (ammonia) and urea ammonium nitrate solutions (UAN), which it manufactures at its facility in Verdigris, Oklahoma. Its nitrogen products are used primarily by farmers.

Dividend History for Terra Nitrogen Company, L.P. (NYSE:TNH)

Receive News & Stock Ratings for Terra Nitrogen Company L.P. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Terra Nitrogen Company L.P. and related stocks with our FREE daily email newsletter.