Ciner Resources LP (CINR) Declares $0.567 Quarterly Dividend; 7.3% Yield
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Ciner Resources LP Announces Quarterly Cash Distribution and Conversion of Subordinated Units
October 17, 2016 5:02 PM EDTATLANTA--(BUSINESS WIRE)-- Ciner Resources LP (the "Partnership") (NYSE: CINR) announced that the board of directors of its general partner approved today its quarterly distribution. The quarterly distribution of $0.5670 for the third quarter of 2016 is payable on November 11, 2016, to unitholders of record on October 28, 2016.
In addition, on October 17, 2016, the board also confirmed and approved that, upon payment of the quarterly distribution for the third quarter of 2016, the conditions for conversion of the Partnerships subordinated units will be satisfied. Accordingly, effective on November 14, 2016, the Partnerships 9,775,500 subordinated units will convert on a one-for-one... More
