Calumet Specialty Products LP (CLMT)


Price/Share*:

$10.06

Annual Dividend:

$1.80

Dividend Yield:

17.89%

Pay Date:

11/14

Ex-Dividend Date:

10/31

Record Date:

11/03


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Company Profile & Recommendation

Company Profile Company Profile

Calumet Specialty Products Partners LP- (CLMT)-is a leading independent producer of high-quality, specialty hydrocarbon products in North America. Calumet processes crude oil into customized lubricating oils, solvents, and waxes used in consumer, industrial, and automotive products. Calumet also produces fuel products including gasoline, diesel fuel and jet fuel. Calumet is based in Indianapolis, Indiana and has five plants located in northwest Louisiana, western Pennsylvania, and southern Texas, and a blending facility located in Burnham, Illinois. As a Limited Partnership, capital gains are accounted for differently, so please consult with a tax advisor. We believe the dividend has significant risk.


* Stock price reflects previous day's closing price. All stock quotes on this website should be considered as having a 24-hour delay.

** Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.