Compass Minerals International Stock To Go Ex-dividend Tomorrow (CMP)
The ex-dividend date for Compass Minerals International (NYSE:CMP) is tomorrow, November 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 45 cents per share. At a price of $71.68 as of 9:35 a.m., the dividend yield is 2.6%.
NEW YORK ( TheStreet) -- The ex-dividend date for Compass Minerals International (NYSE: CMP) is tomorrow, November 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 45 cents per share. At a price of $71.68 as of 9:35 a.m. ET, the dividend yield is 2.6%. The average volume for Compass Minerals International has been 215,800 shares per day over the past 30 days. Compass Minerals International has a market cap of $2.36 billion and is part of the basic materials sector and metals & mining industry. Shares are down 22.2% year to date as of the close of trading on Friday. Compass Minerals International, Inc., through its subsidiaries, produces and markets inorganic mineral products primarily in North America and the United Kingdom. The company operates in two segments, Salt and Specialty Fertilizer. The company has a P/E ratio of 14.1, below the average metals & mining industry P/E ratio of 14.4 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Compass Minerals International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Compass Minerals International Ratings Report. See our dividend calendar or top-yielding stocks list.