Looking at the universe of stocks we cover at Dividend Channel, on 2/27/14, CVR Refining, LP (CVRR) will trade ex-dividend, for its quarterly dividend of $0.45, payable on 3/10/14. As a percentage of CVRR's recent stock price of $22.41, this dividend works out to approximately 2.01%, so look for shares of CVR Refining, LP to trade 2.01% lower — all else being equal — when CVRR shares open for trading on 2/27/14.
Below is a dividend history chart for CVRR, showing historical dividends prior to the most recent $0.45 declared by CVR Refining, LP:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CVRR is likely to continue, and whether the current estimated yield of 8.03% on annualized basis is a reasonable expectation of annual yield going forward.
According to the ETF Finder at ETF Channel, CVRR makes up 2.53% of the Dynamic Energy Exploration & Production Portfolio ETF (PXE) which is trading lower by about 0.7% on the day Tuesday.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts