CVR Energy (CVI) Declares $0.50 Quarterly Dividend; 10.2% Yield
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CVR Energy Reports 2017 First Quarter Results And Announces Cash Dividend of 50 Cents
April 27, 2017 8:30 AM EDTSUGAR LAND, Texas, April 27, 2017 /PRNewswire/ --Â CVR Energy, Inc. (NYSE: CVI) today announced net income of $22.2 million, or 26 cents per diluted share, on net sales of $1,507.1 million for the first quarter of 2017, compared to a net loss of $16.2 million, or 19 cents per diluted share, on net sales of $905.5 million for the 2016 first quarter. First quarter 2017 adjusted EBITDA, a non-GAAP financial measure, was $80.4 million, compared to first quarter 2016 adjusted EBITDA of $36.2 million.
"For the 2017 first quarter, CVR Partners reported strong... More
