Looking at the universe of stocks we cover at Dividend Channel, on 5/8/14, CVR Refining, LP (CVRR) will trade ex-dividend, for its quarterly dividend of $0.98, payable on 5/19/14. As a percentage of CVRR's recent stock price of $27.75, this dividend works out to approximately 3.53%, so look for shares of CVR Refining, LP to trade 3.53% lower — all else being equal — when CVRR shares open for trading on 5/8/14.
Below is a dividend history chart for CVRR, showing historical dividends prior to the most recent $0.98 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 14.13% on annualized basis is a reasonable expectation of annual yield going forward.
In Tuesday trading, CVR Refining, LP shares are currently up about 0.9% on the day.
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