OVERLAND PARK, Kan.--(EON: Enhanced Online News)--The Board of Directors of Compass Minerals (NYSE: CMP) approved a 3.6 percent increase in the quarterly dividend for 2017 to $0.72 per share. This increase is effective with the company’s dividend payable March 15, 2017, to shareholders of record as of the close of business on March 1, 2017.
“I am pleased that, once again, Compass Minerals can return value directly to shareholders”
“I am pleased that, once again, Compass Minerals can return value directly to shareholders,” said Fran Malecha, president and CEO of Compass Minerals. “This is a continued demonstration of confidence that our company is based on strong fundamentals and has the strategy in place to drive future growth.”
About Compass Minerals
Compass Minerals is a leading provider of essential minerals that solve nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses, and specialty plant nutrition minerals that improve the quality and yield of crops. Named one of Forbes’ 100 Most Trustworthy Companies in America in 2015 and 2016, Compass Minerals’ mission is to be the best essential minerals company by delivering where and when it matters. The company produces its minerals at locations throughout the U.S., Canada, Brazil and the U.K. For more information about Compass Minerals and its products, please visit www.compassminerals.com.
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the company's current expectations and involve risks and uncertainties that could cause the company's actual results to differ materially. The differences could be caused by a number of factors including those factors identified in the "Risk Factors" sections of our Annual and Quarterly Reports on Forms 10-K and 10-Q. The company undertakes no obligation to update any forward-looking statements made in this press release to reflect future events or developments.