CVR Partners, LP (UAN) Declares $0.27 Quarterly Dividend; 16.4% Yield

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CVR Partners Reports 2015 Fourth Quarter and Full Year Results And Announces Cash Distribution of 27 Cents

February 18, 2016 8:31 AM EST

SUGAR LAND, Texas, Feb. 18, 2016 /PRNewswire/ -- CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (UAN) solution fertilizer products, today announced fourth quarter 2015 net income of $18.7 million, or 26 cents per fully diluted common unit, on net sales of $66.0 million, compared to net income of $24.8 million, or 34 cents per fully diluted common unit, on net sales of $74.4 million for the fourth quarter a year earlier. Adjusted EBITDA, a non-GAAP financial measure, was $28.5 million for the fourth quarter of 2015, compared to adjusted EBITDA of $33.5 million for the fourth quarter of... More