INDIANAPOLIS, April 22, 2013 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (Nasdaq:CLMT) ("Partnership" or "Calumet") today announced an increase in its quarterly cash distribution to $0.68 per unit ($2.72 per unit on an annualized basis) for the quarter ended March 31, 2013 on all of its outstanding limited partner units. The distribution will be paid on May 15, 2013 to holders of record of such units at the close of business on May 3, 2013. This distribution represents an increase of 4.6% over the quarterly distribution of $0.65 per unit ($2.48 per unit on an annualized basis) paid in February 2013 for the fourth quarter of 2012 and a 21.4% increase over the first quarter of 2012.
X-div date is 5-1-2013 (always 2 days before record date
Sentiment: Strong Buy