Oil refiner and fertilizer maker CVR Energy said it will start paying a quarterly dividend and will also give a special dividend. CVR Energy, which is a majority owner of nitrogen fertilizer producer CVR Partners LP, said it will pay a dividend of 8 cents per share on a date fixed after the company's first quarter.CVR Energy said it plans to sell a portion of its investment in CVR Partners to fund the special dividend payment.The company's shares closed at $27.1 on Friday on the New York Stock Exchange.
CVR Energy, Inc. (CVR Energy) is an independent petroleum refiner and marketer of transportation fuels. Shares of CVI remained unchanged at $27.10. In the past year, the shares have traded as low as $16.62 and as high as $29.61. On average, 2588810 shares of CVI exchange hands on a given day and today's volume is recorded at 0.
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