NEW YORK (

TheStreet

) -- The ex-dividend date for

Calumet Specialty Products Partners

(Nasdaq:

CLMT

) is tomorrow, July 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $22.92 as of 10:01 a.m. ET, the dividend yield is 8.7%.

The average volume for Calumet Specialty has been 177,300 shares per day over the past 30 days. Calumet Specialty has a market cap of $904.2 million and is part of the

basic materials

sector and

energy

industry. Shares are up 6.9% year to date as of the close of trading on Wednesday.

Calumet Specialty Products Partners, L.P. produces and sells specialty hydrocarbon products in North America. It operates in two segments, Specialty Products and Fuel Products. The company has a P/E ratio of 24.4, equal to the average energy industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Calumet Specialty as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, increase in stock price during the past year, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full

Calumet Specialty Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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