Compass Minerals Raises Dividend by 10%

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Compass Minerals
CMP
announced today that its board of directors has increased the company's quarterly dividend by 10 percent to $0.495 per share effective with its dividend payable March 15, 2012, to shareholders of record as of the close of business on March 1, 2012. “This action by our board demonstrates Compass Minerals' ongoing commitment to deliver tangible value to our shareholders,” said Angelo Brisimitzakis, Compass Minerals president and CEO. “With this dividend increase, the board commends the company's ability to overcome obstacles such as the Goderich tornado and still deliver solid results including strong cash flows that can support both an attractive dividend as well as continued investment in our strategy for profitable, sustainable growth.
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