CVR Energy Announces Dividend – What It Means for Shareholders! – Get the details here in this article. CVR Energy, Inc., engages in petroleum refining and nitrogen fertilizer manufacturing activities in the United States and has announced a dividend payout of $0.50 per stock.
This dividend announcement comes after a strong performance by the company in the fiscal year 2022, with CVR Energy reporting total revenue of 10.90 billion USD with a total net income of 463.00 million USD. The company’s total revenue from operations also saw healthy growth.
The dividend announcement is a reflection of CVR Energy’s strong financial performance and its commitment to creating value for its shareholders. Investors who are looking for long-term investments with consistent dividend income can consider adding CVR Energy to their investment portfolio.
The dividend payout of $0.50 per stock represents a dividend yield of approximately 7.49% based on CVR Energy’s current market price of $26.72 per stock.
Investors who hold CVR Energy stocks are likely to benefit from this announcement as they will receive the dividend payout. CVR Energy’s dividend announcement is expected to be well-received by its investors, as it indicates the company’s commitment to sharing its profits with its shareholders.
The ex-dividend date is 12 May 2023. Therefore, investors who wish to receive the dividend must purchase CVR Energy stocks before 12 May 2023.
CVR Energy Dividend History | CVR Energy Announces Dividend – What It Means for Shareholders!
CVR Energy Dividend – The current dividend yield of CVR Energy is 7.49%.
| Dividend | Amount | Date |
| Cash Dividend | $0.500 | Mar 3, 2023 |
| Cash Dividend | $1.000 | Nov 10, 2022 |
| Cash Dividend | $0.400 | Nov 10, 2022 |
| Cash Dividend | $2.600 | Aug 11, 2022 |
| Cash Dividend | $0.400 | Aug 11, 2022 |
| Cash Dividend | $0.400 | May 12, 2022 |
Dividend Stocks 2023
CVR Energy, Inc., engages in petroleum refining and nitrogen fertilizer manufacturing activities in the United States.
CVR Energy management:
President, Chief Executive Officer, and Director – David L. Lamp
Website: cvrenergy.com
Conclusion
In conclusion, CVR Energy’s dividend announcement of $0.50 is a positive development for investors who hold stocks in the company. Investors should take note of the ex-dividend date of May 12, 2023, and consider adding CVR Energy to their investment portfolio for long-term growth and consistent dividend income.
Disclaimer: This is not investment advice, this information is only for educational purposes.
FAQ | Best Dividend Stocks 2023
Is CVR Energy a good investment?
As per experts, CVR Energy looks suitable for long-term investment.
Is CVR Energy Government or Private?
CVR Energy is a private company.
Is CVR Energy a dividend-paying stock?
Yes, CVR Energy is a dividend-paying stock. The current dividend yield of CVR Energy is 7.49%.
What does CVR Energy do?
CVR Energy, Inc., engages in petroleum refining and nitrogen fertilizer manufacturing activities in the United States.
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