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2. Calumet Specialty Products Partners
This independent U.S. refiner and marketer (CLMT) operates refineries in Louisiana and facilities in Pennsylvania and Texas, and distributes product throughout North America.
Price (7/15/08): 11.69
Dividend Yield: 15.4%
S&P Investment Rank: 4 STARS (buy)
S&P Insight: On Apr. 23, Calumet cut its quarterly distribution to 45¢ per unit from 63¢.
