Calumet Specialty Products Partners (CLMT) Declares $0.685 Quarterly Dividend; 17.9% Yield
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Calumet Specialty Products Partners (CLMT) Provides Business Update
January 19, 2016 4:40 PM ESTCalumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet" or the "Partnership") a leading independent producer of specialty hydrocarbon and fuels products, today provided the following business update in response to recent volatility in the global capital markets and the broader energy complex:
(1) Calumet is reaffirming its objective of providing all unitholders a stable-to-growing quarterly cash distribution, consistent with expectations for long-term growth in Adjusted EBITDA and Distributable Cash Flow ("DCF"). Today, Calumet declared a quarterly cash distribution of $0.685 per unit, or $2.74 per unit on an... More
