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To: Rarebird who wrote (11654)8/4/2021 8:17:58 PM
From: Elroy  Respond to of 26251
 
UAN is ex-dividend tomorrow.

I think UAN is ex dividend Aug 11th (next week).

If UAN is the real McCoy, it should resume its rally after the corrective retrace is complete.

I'd expect UAN to be over $65 by the time it reports its Q3 earnings results, as long as fertilizer and corn prices don't collapse in the interim. It should likely be a lot higher.

The next distribution should easily be $3, perhaps as high as $5. And from then on the distribution should sit around a similar level, again depending on where fertilizer prices go.

There were $2.50 of non-repeating charges that occurred in the just completed quarter. Next Q, those charges will be zero and instead will become $2.50 of distributions, all else being equal (not that all else ever is.....).