Sisecam Resources LP (NYSE:SIRE) Declares $0.50 Quarterly Dividend

Sisecam Resources LP (NYSE:SIRE – Get Rating) announced a quarterly dividend on Monday, May 2nd, Wall Street Journal reports. Stockholders of record on Tuesday, May 10th will be given a dividend of 0.50 per share on Wednesday, May 18th. This represents a $2.00 annualized dividend and a dividend yield of 10.46%. The ex-dividend date of this dividend is Monday, May 9th.

Shares of SIRE opened at $19.12 on Tuesday. Sisecam Resources has a 1-year low of $12.10 and a 1-year high of $22.75. The firm’s 50-day moving average is $18.97. The company has a market cap of $378.19 million, a price-to-earnings ratio of 16.07 and a beta of 0.51. The company has a quick ratio of 2.41, a current ratio of 2.82 and a debt-to-equity ratio of 0.33.

About Sisecam Resources (Get Rating)

Sisecam Resources LP, together with its subsidiaries, engages in the trona ore mining and soda ash production businesses in the United States and internationally. It processes trona ore into soda ash, which is a raw material in flat glass, container glass, detergents, chemicals, paper, and other consumer and industrial products.

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