Calumet, Inc. Common Stock (CLMT)
Calumet, Inc. (CLMT) is a specialty chemicals and ingredients company focused on the manufacturing and distribution of industrial lubricants, fuel additives, and other chemical products. The company serves various industries, including motor racing, transportation, agriculture, and manufacturing, offering tailored solutions to enhance performance and efficiency. Known for its innovation and commitment to quality, Calumet supplies both branded and private-label products across multiple markets.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| February 12, 2016 | $0.69 | 2016-01-29 | 2016-02-02 |
| November 13, 2015 | $0.69 | 2015-10-30 | 2015-11-03 |
| August 14, 2015 | $0.69 | 2015-07-31 | 2015-08-04 |
| May 15, 2015 | $0.69 | 2015-05-01 | 2015-05-05 |
| February 13, 2015 | $0.69 | 2015-01-30 | 2015-02-03 |
Dividends Summary
- Calumet, Inc. Common Stock has issued 40 dividend payments over the past 10 years
- The most recent dividend was paid 3542 days ago, on February 12, 2016
- The highest dividend payed out to investors during this period was $0.69 per share
- The average dividend paid during this period was $0.56 per share.
Company News
The global industrial wax market is expected to grow at a CAGR of 4.4% from 2019 to 2034, driven by the increasing use of paraffin wax in packaging and the rising demand for sustainable and synthetic wax formulations.
The U.S. Department of Energy (DOE) announced conditional loan guarantees of nearly $3 billion to fund projects for the production of sustainable aircraft fuel (SAF) by Calumet and Gevo. This news initially sent the stocks of these two companies surging higher.
Oil prices had their strongest session in over two months Tuesday, with West Texas Intermediate (WTI) light crude climbing 2% to $80 a barrel, and Brent crude rising 1.7% to $84 a barrel. The surge in prices is attributed to the anticipation of increased demand with the start of the driving season and ongoing supply constraints. The market expect...
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ALGT, CLMT and CMBM have been added to the Zacks Rank #5 (Strong Sell) List on November 8, 2023.