Tim Plaehn
Newsletter provider, dividend investing, master limited partnerships, REITs

CVR Refining: 20%-Plus Dividends To Continue Through 2013

Three downstream, petroleum refinery limited partnerships have gone public over the last year. All three have to day paid very large dividends in relation to their share prices. A member of this small fraternity, CVR Refining (NYSE:CVRR) is well positioned to continue paying distributions that represent a 20% yield at the current share price.

Note: MLP companies such as CVR Partners LP have units and pay distributions. The words stock, shares and dividends may be used here with the understanding that the rules of MLP units apply including the tax consequences of investing in MLP units.

Company Overview

CVR Refining went public with a January 2013 IPO. The company was formed by CVR Energy (NYSE:CVI),...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details