Calumet Specialty Products (CLMT) Raises Quarterly Dividend 1% to $0.50; Yields 11.5%

Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) declared a quarterly dividend of $0.50 per share, or $2 annualized. This is a 1% increase from the prior dividend of $0.495.

The dividend will be payable on November 14, 2011, to stockholders of record on November 4, 2011, with an ex-dividend date of November 2, 2011.

The annual yield on the dividend is 11.5 percent.

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