Terra Industries: An Interesting Fertilizer Play [View article]
If you look at the net income for TNH the dividend would have been about $6 under the old schedule. Instead TRA took $56 million off the top reducing the dividend to $3.63. TNH had their income increase by 50% and the dividend went down, sounds like a good investment to me!
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If you look at the net income for TNH the dividend would have been about $6 under the old schedule. Instead TRA took $56 million off the top reducing the dividend to $3.63. TNH had their income increase by 50% and the dividend went down, sounds like a good investment to me!
Jul 28 08:18 am
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All Comments by Tim Plaehn »Terra Industries: An Interesting Fertilizer Play [View article]