CVR Energy (CVI) Raises Quarterly Dividend 50% to $0.75; 1.7% Yield
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CVR Energy Announces Cash Dividend of 75 Cents Per Quarter, Raising Dividend to $3.00 Annually
May 29, 2018 8:42 AM EDTSUGAR LAND, Texas, May 29, 2018 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (NYSE: CVI) today announced a second quarter 2018 cash dividend of 75 cents per share. The increase of the quarterly dividend from 50 cents to 75 cents per share each quarter, or $3.00 annually, represents an annualized increase of $1.00 per share. The dividend, as declared by CVR Energys Board of Directors, will be paid on Aug. 13, 2018, to stockholders of record on Aug. 6, 2018.
Increasing CVR Energys quarterly dividend to 75 cents a quarter, or $3.00 annually, reflects the strength of our balance sheet and the exceptional operating... More
