Looking at the universe of stocks we cover at Dividend Channel , on 2/23/17, CVR Energy Inc (Symbol: CVI) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 3/6/17. As a percentage of CVI's recent stock price of $24.06, this dividend works out to approximately 2.08%, so look for shares of CVR Energy Inc to trade 2.08% lower - all else being equal - when CVI shares open for trading on 2/23/17.
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 8.31% 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 $12.03 per share, with $26.87 as the 52 week high point - that compares with a last trade of $24.17.
According to the ETF Finder at ETF Channel, CVI makes up 1.39% of the Guru Activist Index ETF (Symbol: ACTX) which is trading relatively unchanged on the day Tuesday.
In Tuesday trading, CVR Energy Inc shares are currently up about 1.4% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.