Calumet Specialty Products Partners Dividends
The next dividend date for Calumet Specialty Products Partners has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Calumet Specialty Products Partners (CLMT)
More About Calumet Specialty Products Partners
Calumet, Inc. manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to various consumer-facing and industrial markets in North America and internationally. It operates through Specialty Products and Solutions; Montana/Renewables; and Performance Brands segments. The Specialty Products and Solutions segment offers various solvents, waxes, customized lubricating oils, white oils, petrolatums, gels, esters, and other products. Its Montana/Renewables segment focuses on processing renewable feedstocks into renewable diesel, sustainable aviation fuel, renewable hydrogen, renewable natural gas, renewable propane, and renewable naphtha. This segment also processes Canadian crude oil into conventional gasoline, diesel, jet fuel, and specialty grades of asphalt. The Performance Brands segment blends, packages, and markets high performance products through Royal Purple, Bel-Ray, and TruFuel brands. It serves wholesale distributors and retail chains. Calumet, Inc. was founded in 1919 and is headquartered in Indianapolis, Indiana.
Owning Calumet Specialty Products Partners Stock on the Dividend Date
If you own Calumet Specialty Products Partners stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Calumet Specialty Products Partners stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Calumet Specialty Products Partners stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Calumet Specialty Products Partners stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Calumet Specialty Products Partners dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Calumet Specialty Products Partners Dividends
You can contact us any time if you would like to ask questions about Calumet Specialty Products Partners dividends or anything else related to the stock market.