Ciner Resources LP (CINR) Declares Dividend of $0.57

Ciner Resources LP (NYSE:CINR) announced a dividend on Friday, April 21st. Shareholders of record on Monday, May 1st will be paid a dividend of 0.567 per share by the basic materials company on Monday, May 15th. The ex-dividend date of this dividend is Thursday, April 27th. This is an increase from Ciner Resources’s previous dividend of $0.56.

Shares of Ciner Resources (NYSE:CINR) traded down 0.45% during midday trading on Friday, reaching $28.51. The company’s stock had a trading volume of 8,815 shares. The stock has a market capitalization of $571.65 million, a price-to-earnings ratio of 13.84 and a beta of 1.13. The company has a 50 day moving average of $28.19 and a 200-day moving average of $29.88. Ciner Resources has a 52 week low of $26.25 and a 52 week high of $39.10.

Ciner Resources (NYSE:CINR) last issued its earnings results on Thursday, February 16th. The basic materials company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.63 by $0.14. Ciner Resources had a return on equity of 22.91% and a net margin of 12.52%. The company had revenue of $123.10 million for the quarter, compared to analyst estimates of $123.63 million. The business’s quarterly revenue was down 2.6% compared to the same quarter last year. Equities research analysts predict that Ciner Resources will post $2.19 earnings per share for the current year.

Dividend History for Ciner Resources (NYSE:CINR)

TRADEMARK VIOLATION NOTICE: This article was originally reported by Markets Daily and is owned by of Markets Daily. If you are accessing this article on another website, it was illegally copied and republished in violation of U.S. and international copyright and trademark law. The original version of this article can be accessed at https://www.themarketsdaily.com/2017/04/21/ciner-resources-lp-cinr-declares-dividend-of-0-57.html.


Several research analysts have weighed in on the stock. FBR & Co restated a “buy” rating on shares of Ciner Resources in a research report on Friday, February 24th. Zacks Investment Research upgraded shares of Ciner Resources from a “sell” rating to a “hold” rating in a research report on Monday, January 9th.

About Ciner Resources

Ciner Resources LP, through its subsidiary, Ciner Wyoming LLC (Ciner Wyoming), produces soda ash and serves a global market from its facility in the Green River Basin of Wyoming. The Company processes trona ore into soda ash, a raw material in flat glass, container glass, detergents, chemicals, paper and other consumer and industrial products.

5 Day Chart for NYSE:CINR

Receive News & Ratings for Ciner Resources LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ciner Resources LP and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply