Compass Minerals International Stock To Go Ex-dividend Tomorrow (CMP)

NEW YORK ( TheStreet) -- The ex-dividend date for Compass Minerals International (NYSE: CMP) is tomorrow, May 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $73.83 as of 9:35 a.m. ET, the dividend yield is 2.7%.

The average volume for Compass Minerals International has been 258,700 shares per day over the past 30 days. Compass Minerals International has a market cap of $2.41 billion and is part of the basic materials sector and metals & mining industry. Shares are up 5.8% 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 18.4, equal to the average metals & mining industry P/E ratio and above 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 largely solid financial position with reasonable debt levels by most measures and notable return on equity. 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.

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