CVR ENERGY, INC.
CVICVR Energy, Inc. (CVI) is a diversified energy company primarily involved in the refining and marketing of petroleum products. It operates through subsidiaries that focus on midstream and downstream energy activities, including refining, nitrogen fertilizer manufacturing, and the distribution of refined products. Headquartered in Texas, the company is known for its integrated operations within the energy sector, emphasizing efficiency and strategic growth in fueling infrastructure and chemical production.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| August 19, 2024 | $0.50 | 2024-08-12 | 2024-08-12 |
| May 20, 2024 | $0.50 | 2024-05-10 | 2024-05-13 |
| March 11, 2024 | $0.50 | 2024-03-01 | 2024-03-04 |
| November 20, 2023 | $1.50 | 2023-11-10 | 2023-11-13 |
| November 20, 2023 | $0.50 | 2023-11-10 | 2023-11-13 |
Dividends Summary
- Consistent Payer: CVR ENERGY, INC. has rewarded shareholders with 48 dividend payments over the past 11 years.
- Total Returned Value: Investors who held CVI shares during this period received a total of $47.69 per share in dividend income.
- Latest Payout: The most recent dividend of $0.50/share was paid 522 days ago, on August 19, 2024.
- Yield & Schedule: CVI currently pays dividends quarterly with an annual yield of 12.08%.
- Dividend Growth: Since 2013, the dividend payout has decreased by 90.9%, from $5.50 to $0.50.
Company News
The article highlights three high-dividend yield stocks for potential investment in the new year: Hafnia, Spok Holdings, and CVR, each offering substantial dividend returns despite varying industry challenges.
CVR Energy reported Q2 2025 earnings with mixed results, experiencing a net loss of $114 million due to regulatory challenges and a major refinery turnaround, while showing operational improvements in its renewable and nitrogen fertilizer segments.
Icahn Enterprises reported Q2 2025 earnings with mixed results, beating revenue expectations but falling short on earnings per share. The company showed operational improvements, particularly in its energy segment, while continuing to face challenges in profitability and restructuring.
Icahn Enterprises reported a decrease in NAV due to a decline in CVR Energy and an agreement to sell certain real estate properties. The investment funds were down 1.6% for the quarter, with the biggest decliner being Caesars. The company maintained its quarterly distribution and sees value creation potential in its top disclosed investments.
Icahn Enterprises reported a mixed Q3 2024, with positive returns in its investment funds offset by declines in CVR Energy and struggles in its automotive services division. The company announced a reduction in its quarterly distribution to maintain liquidity for potential investment opportunities.
