CVR Energy (CVI) Declares $0.50 Quarterly Dividend; 6.2% Yield
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CVR Energy Reports 2017 Fourth Quarter and Full Year Results And Announces Cash Dividend of 50 Cents
February 22, 2018 8:30 AM ESTSUGAR LAND, Texas, Feb. 22, 2018 /PRNewswire/ -- CVR Energy, Inc. (NYSE: CVI) today announced full year 2017 net income of $234.4 million, or $2.70 per diluted share, on net sales of $5,988.4 million, compared to net income for full year 2016 of $24.7 million, or 28 cents per diluted share, on net sales of $4,782.4 million. Full year 2017 adjusted EBITDA, a non-GAAP financial measure, was $258.4 million compared to full year 2016 adjusted EBITDA of $181.6 million.
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