Compass Minerals (CMP) Lowers Quarterly Dividend 79.2% to $0.15; 0.8% Yield
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Compass Minerals Announces New Capital Allocation Strategy
November 15, 2021 4:10 PM ESTDividend Reduction Supports Funding Growth Opportunities in Previously Announced Lithium Development and Ownership Stake in Emerging Fire Retardant Business
OVERLAND PARK, Kan.--(BUSINESS WIRE)-- Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced a new direction for the companys capital allocation strategy. Specifically, the companys board of directors has declared a quarterly cash dividend of $0.15 per share, enabling the company to reinvest additional capital in recently announced growth projects. This dividend is payable Dec. 20, 2021, to shareholders of record as of the close... More
