Terra Nitrogen Company, L.P. (TNH) Announces Quarterly Dividend of $2.03
Terra Nitrogen Company, L.P. (NYSE:TNH) announced a quarterly dividend on Thursday, February 8th, Fidelity reports. Stockholders of record on Friday, February 16th will be given a dividend of 2.03 per share by the basic materials company on Wednesday, February 28th. This represents a $8.12 dividend on an annualized basis and a dividend yield of 9.49%. The ex-dividend date is Thursday, February 15th. This is a boost from Terra Nitrogen’s previous quarterly dividend of $1.36.
Terra Nitrogen has decreased its dividend payment by an average of 19.8% per year over the last three years.
Shares of Terra Nitrogen (NYSE TNH) opened at $85.60 on Wednesday. Terra Nitrogen has a 1-year low of $75.20 and a 1-year high of $108.89. The firm has a market cap of $1,580.96, a PE ratio of 13.85 and a beta of 0.01.
About Terra Nitrogen
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.
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