CVR Energy Announced A Q3 2023 Cash Dividend Of $0.50/Share; In Addition, The Company Announced A Special Dividend Of $1.50/Share
Portfolio Pulse from Benzinga Newsdesk
CVR Energy has announced a Q3 2023 cash dividend of 50 cents per share. Additionally, the company has declared a special dividend of $1.50 per share.
October 30, 2023 | 9:14 pm
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CVR Energy's announcement of a cash dividend and a special dividend could potentially attract investors, leading to a short-term increase in the stock price.
Dividends are a way for companies to distribute profits back to shareholders, which can make the stock more attractive to investors. The announcement of a cash dividend and a special dividend by CVR Energy could potentially attract more investors to buy the stock, leading to a short-term increase in the stock price.
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