(12) Dividends

On January 24, 2013, the board of directors of the Company adopted a quarterly cash dividend policy. Subject to declaration by its board of directors, CVR Energy’s quarterly dividend is expected to be $0.75 per share, or $3.00 per share on an annualized basis, which the Company began paying in the second quarter of 2013. Additionally, the Company declared and paid two special cash dividends during the year ended December 31, 2013.

The following is a summary of the quarterly and special dividends paid to stockholders during the year ended December 31, 2013:



	February 19, 2013		May 17, 2013		June 10, 2013		August 19, 2013		November 18, 2013		Total Dividends Paid in 2013
	(in millions, except per share amounts)
Dividend type	Special		Quarterly		Special		Quarterly		Quarterly
Amount paid to IEP	$	391.6	$	53.4	$	462.8	$	53.4	$	53.4	$	1,014.6
Amounts paid to public stockholders	86.0		11.7		101.6		11.7		11.7		222.7
Total amount paid	$	477.6	$	65.1	$	564.4	$	65.1	$	65.1	$	1,237.3
Per common share	$	5.50	$	0.75	$	6.50	$	0.75	$	0.75	$	14.25
Shares outstanding	86.8		86.8		86.8		86.8		86.8