Compass Minerals Raises Dividend by 10% - Compass Minerals Intl (NYSE:CMP)

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Compass Minerals (NYSE: CMP) announced today that its board of directors hasincreased the company's quarterly dividend by 10 percent to $0.495 per shareeffective with its dividend payable March 15, 2012, to shareholders of recordas of the close of business on March 1, 2012.“This action by our board demonstrates Compass Minerals' ongoing commitment todeliver tangible value to our shareholders,” said Angelo Brisimitzakis,Compass Minerals president and CEO. “With this dividend increase, the boardcommends the company's ability to overcome obstacles such as the Goderichtornado and still deliver solid results including strong cash flows that cansupport both an attractive dividend as well as continued investment in ourstrategy for profitable, sustainable growth.

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