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Article: Terra Industries Inc. Reports Third Quarter Results, Declares Dividend.
- Article from:
- Economics Week
- Article date:
- November 6, 2009
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Terra Industries Inc. (NYSE:TRA) ("Terra") announced income attributable to common stockholders for the 2009 third quarter of $45.9 million ($0.46 per diluted share), down from $164.9 million ($1.64 per diluted share) for the same period in 2008. For the 2009 first nine months, Terra's income attributable to common stockholders was $156.3 million ($1.57 per diluted share), compared to $467.2 million ($4.54 per diluted share) for the 2008 first nine months.
Terra also declared a dividend of $0.10 per common share, payable December 11, 2009, to holders of record as of November 23, 2009. Analysis of Third Quarter Results Revenues for the 2009 third quarter totaled ...