Looking at the universe of stocks we cover at Dividend Channel, on 11/10/23, CVR Energy Inc (Symbol: CVI) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 11/20/23. As a percentage of CVI's recent stock price of $31.46, this dividend works out to approximately 1.59%, so look for shares of CVR Energy Inc to trade 1.59% lower — all else being equal — when CVI shares open for trading on 11/10/23.
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 6.36% 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 $22.60 per share, with $41.26 as the 52 week high point — that compares with a last trade of $31.63.
Free Report: Top 8%+ Dividends (paid monthly)
In Wednesday trading, CVR Energy Inc shares are currently down about 0.7% on the day.
Also see:
CoStar Group RSI AATC Average Annual Return
BRD Average Annual Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
