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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (62230)7/24/2019 8:45:24 PM
From: Elroy  Read Replies (2) of 78456
 
UAN - that fertilizer MLP I mentioned previously, is out with Q2 results and a 14 cent distribution. The previous two quarters were 11 cents, then 7 cents, now 14. Before that zero for a few years.

The basic theory is that if it can return to regular distributions (which seems likely) then the share price should reset to some appropriate yield level. I have no idea whether distributions will increase from 14 cents, stay the same, or bounce around wildly, but the share price should be better than the three years with zero distributions (and shares generally around $3.25).

finance.yahoo.com
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