Thx for passing that along @Gaucho. I covered CF in today’s ag sector video… looks good. Needs to break above 27.05 for a longer-term buy signal.

This morning: UBS Upgrades CF Industries to Buy Rating from Neutral, Sets PT at $28; Shares Up 2% Pre Bell

In the premarket is $24.45

Regards

Thx Gaucho. I had mentioned that in a reply above to j1persi (CF’s recent declaration of the next dividend payment at the rate of 0.30/share). That announcement was made not too far before the earnings release so I would assume the company was already confident in their ability to pay/sustain the dividend, at least for the foreseeable future.

CF snapped back somewhat today & closed right about on the bottom of that daily wedge & within the long-term support zone so I’ll continue to watch it & may still add it as an official growth & income trade soon. Before then, I’d like to see the stock hold here or start to move higher & I’d also like to see the majority of the other fertilizer stocks to show some signs of stabilization or bullish price action. Individual stock picking & finding setups with attractive R/R‘s has been unusually tough lately so I’m being a bit more judicious with the official trade ideas.

Cash Dividend CF@NYSE

CF@NYSE (Name: CF INDUSTRIES HOLDINGS INC) announced a cash dividend with ex-dividend date of 20160811 and payable date of 20160831.

The declared cash rate is USD 0.3.

Regards

ixtlanian- Yes. With earnings out of the way on most of the fertilizer stocks now, I’ll post an update on the sector soon, including POT & MOS, which are so far, selling down in sympathy with CF today. No signs of a reversal in CF so far & with the stock trading below the weekly support, I’m going to hold off adding it as an official trade idea for now. Let’s see how it (and the other fertilizer stocks) closes the day & then I’ll post an update.

j1persi- I didn’t read the entire transcript but did read the summary & couldn’t find any mention of the dividend. They are going to suspend (or terminate?) the share buyback program which will help to free up some cash & they made a couple other changes which should help to keep their investment grade ratings & shore up their liquidity. Here’s some details: http://www.businesswire.com/news/home/20160803006748/en/CF-Industries-Holdings-Reports-Quarter-Net-Earnings

I did, however, see that they just declared the most recent dividend of 0.30 just a couple of weeks ago which means at least for the near-term, they don’t have an issue paying it or they probably would have reduced that one.

Don’t even pay the AH move much attention, especially in a relatively small company like CF. When the dust settles during the regular session tomorrow, I will post an update & decide whether to make CF an official trade setup or possibly an active gr & inc. trade, in which case I will provide a suggested entry price, stops & profit targets. Charts on this one are promising as a longer-term trade if CF doesn’t go too much lower but there are still some fundamental headwinds. Plus, let’s see if they mention anything tonight regarding the stability (or lack thereof) with the dividend going forward.