Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) Updates On Dividend Release Date

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On 2016-01-21, Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) confirmed the dividend disbursement of $0.685 a share to shareholders as on record 2016-02-02. The firm will release dividend on 2016-02-12 while ex-dividend date is reported to be 2016-01-29.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) paid a total of $0.685 per share in dividends. This figure stood at $0.685 a share in the same period a year ago indicating a deviation of 0%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $9 on the stock. This figure is the average of recommendations offered by 8 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $29 and $5, respectively.

Taking the mathematical rating formula, the price for Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) stands at 3.27. Earnings Review Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-02. For the period ending on 2016-09-30, experts are expecting EPS of $-0.16.

Coming to the quarter ending on 2015-12-31, Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) recorded EPS of $-0.57. The reported numbers came lower than the analysts’ estimates of $-0.38, demonstrating a miss of $-0.19 as against reported figures.

Shares of the Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) traded in the range of $4.9 to $5.19 and closed the last trading session at $5.11 on a volume of ((Volume:238}}.

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