Looking at the universe of stocks we cover at Dividend Channel, on 2/27/14, CVR Energy Inc (CVI) will trade ex-dividend, for its quarterly dividend of $0.75, payable on 3/10/14. As a percentage of CVI's recent stock price of $41.88, this dividend works out to approximately 1.79%, so look for shares of CVR Energy Inc to trade 1.79% lower — all else being equal — when CVI shares open for trading on 2/27/14.
Below is a dividend history chart for CVI, showing historical dividends prior to the most recent $0.75 declared by CVR Energy Inc:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CVI is likely to continue, and whether the current estimated yield of 7.16% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CVI shares, versus its 200 day moving average:Looking at the chart above, CVI's low point in its 52 week range is $33.03 per share, with $72.32 as the 52 week high point — that compares with a last trade of $41.88.
According to the ETF Finder at ETF Channel, CVI makes up 2.85% of the Dynamic Energy Exploration & Production Portfolio ETF (PXE) which is trading lower by about 0.7% on the day Tuesday. In Tuesday trading, CVR Energy Inc shares are currently up about 0.9% on the day.
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