Terra Nitrogen (TNH) Declares $2.38 Quarterly Dividend; 9.6% Yield
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Terra Nitrogen Company, L.P. Declares Quarterly Distribution
February 8, 2016 6:05 PM ESTDEERFIELD, Ill.--(BUSINESS WIRE)-- Terra Nitrogen Company, L.P. (TNCLP) (NYSE: TNH) today announced the declaration of a cash distribution for the quarter ended December 31, 2015, of $2.88 per common limited partnership unit. The distribution is payable February 29, 2016 to holders of record as of February 18, 2016.
Cash distributions depend on TNCLPs cash requirements for working capital needs and capital expenditures, as well as its earnings, which can be affected by nitrogen fertilizer selling prices, natural gas costs, seasonal demand factors, production levels and weather. Cash distributions per limited partnership unit also vary based on... More
