CVR Energy (CVI) Declares $0.50 Quarterly Dividend; 6% Yield

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CVR Energy Reports First Quarter 2024 Results and Announces a Cash Dividend of 50 Cents

April 29, 2024 4:57 PM EDT

SUGAR LAND, Texas, April 29, 2024 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (CVR Energy or the Company) (NYSE: CVI) today announced net income attributable to CVR Energy stockholders of $82 million, or $0.81 per diluted share, on net sales of $1.9 billion for the first quarter of 2024, compared to net income attributable to CVR Energy stockholders of $195 million, or $1.94 per diluted share, on net sales of $2.3 billion for the first quarter of 2023. Adjusted earnings for the first quarter of 2024 was 4 cents per diluted share compared to adjusted earnings of $1.44 per diluted share in the first quarter of 2023. Net... More