CVR Partners, LP (UAN) Declares $0.17 Quarterly Dividend; 8.5% Yield

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Go back to CVR Partners, LP (UAN) Declares $0.17 Quarterly Dividend; 8.5% Yield

CVR Partners Reports 2016 Second Quarter Results And Announces Cash Distribution of 17 Cents

July 28, 2016 8:30 AM EDT

SUGAR LAND, Texas, July 28, 2016 /PRNewswire/ -- CVR Partners, LP (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (UAN) solution fertilizer products, today announced a second quarter 2016 net loss of $17.0 million, or 15 cents per fully diluted common unit, on net sales of $119.8 million, compared to net income of $27.0 million, or 37 cents per fully diluted common unit, on net sales of $80.8 million for the second quarter a year earlier. Negatively impacting 2016 second quarter results were approximately $6.6 million of expenses associated with a major scheduled plant turnaround at the East Dubuque fertilizer facility.... More