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CVR Energy (CVR Energy) 3-Year Dividend Growth Rate

: 18.60% (As of Dec. 2023)
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CVR Energy's Dividends per Share for the three months ended in Dec. 2023 was $0.50.

The historical rank and industry rank for CVR Energy's 3-Year Dividend Growth Rate or its related term are showing as below:

CVI' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -26.7   Med: -3.9   Max: 18.6
Current: 18.6

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CVR Energy was 18.60% per year. The lowest was -26.70% per year. And the median was -3.90% per year.

CVI's 3-Year Dividend Growth Rate is ranked better than
56.07% of 305 companies
in the Oil & Gas industry
Industry Median: 14.5 vs CVI: 18.60

During the past 12 months, CVR Energy's average Dividends Per Share Growth Rate was 66.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 18.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

CVR Energy's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.77. As of today, CVR Energy's Dividend Yield % is 6.14%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Oil & Gas Refining & Marketing subindustry, CVR Energy's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CVR Energy 3-Year Dividend Growth Rate Distribution

For the Oil & Gas industry and Energy sector, CVR Energy's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where CVR Energy's 3-Year Dividend Growth Rate falls into.



CVR Energy 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


CVR Energy  (NYSE:CVI) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

CVR Energy's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.5/ 0.65
=0.77

During the past 13 years, the highest Dividend Payout Ratio of CVR Energy was 8.00. The lowest was 0.20. And the median was 0.83.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

CVR Energy Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5002024-03-012024-03-042024-03-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.5002023-11-102023-11-132023-11-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.5002023-08-112023-08-142023-08-21Cash DividendquarterlyUSD:USD 1.000000
USD 0.5002023-05-122023-05-152023-05-22Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

CVR Energy's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2/32.55
=6.14 %

Current Share Price is $32.55.
CVR Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.

During the past 13 years, the highest Dividend Yield of CVR Energy was 24.57%. The lowest was 1.11%. And the median was 6.99%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CVR Energy 3-Year Dividend Growth Rate Related Terms>


CVR Energy (CVR Energy) Business Description

Industry
Traded in Other Exchanges
Address
2277 Plaza Drive, Suite 500, Sugar Land, TX, USA, 77479
CVR Energy Inc is a holding company that engages in petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining LP and CVR Partners, LP. CVR Refining LP includes several complex full coking crude oil refineries, along with a crude oil gathering system, pipelines and storage tanks, and marketing and supply. The company's refineries can process blends of a variety of crude oil ranging from heavy sour to light sweet crude oil. Crude oil for CVR's refineries is supplied through its wholly-owned gathering system and pipeline. From its refineries, CVR supplies product through tanker trucks directly to customers located in close geographic proximity and customers at throughput terminals. The company's customers include retailers, railroads, and farm cooperatives.
Executives
Carl C Icahn director, 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Iep Energy Holding Llc 10 percent owner 16690 COLLINS AVENUE, PH-1, SUNNY ISLES BEACH FL 33160
Ted Papapostolou director 16690 COLLINS AVE., SUITE PH-1, SUNNY ISLES BEACH FL 33160
Wright Michael H. Jr. officer: EVP & Chief Operating Officer CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Dane J. Neumann officer: Interim CFO, VP-Fin.&Treasurer 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Jeffrey D. Conaway officer: VP, CAO & Corp. Controller 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
David Willetts director 16690 COLLINS AVENUE - PH-1, SUNNY ISLES BEACH FL 33160
Kapiljeet Dargan director 16690 COLLINS AVE., SUITE PH-1, SUNNY ISLES BEACH FL 33160
Charles Douglas Johnson officer: EVP & Chief Commercial Officer 2277 PLAZA DR., SUITE 500, SUGAR LAND TX 77479
Jaffrey Adam Firestone director C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
David Lynn Landreth officer: EVP Chief Commercial Officer 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Patricia A. Agnello director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Hunter Clark Gary director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Melissa M Buhrig officer: EVP, General Counsel & Sec. C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Matthew W. Bley officer: CAO and Corp. Controller 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479