Potash Corporation of Saskatchewan Inc. (POT) declares $0.35/share quarterly dividend, in line with previous.Forward yield 4.39%Payable Nov. 5; for shareholders of record Oct. 15; ex-div Oct. 11. Post your comment!
ByFusion Research:Recently, the agriculture chemical industry saw the split of one of the biggest potash cartel, 'Belarusian Potash Company', or BPC. A cartel is an association of independent business organizations formed to regulate production and pricing of a commodity, which is potash in this case. It affected the major industry players like Potash Corp. of Saskatchewan (POT), Mosaic (MOS), and Agrium (AGU). It will be interesting to find out to what extent the cartel split affected the share price of these companies, and what they have to offer going forward. Crack in cartel The global potash market was dominated by two cartels namely BPC and Canpotex, which were responsible for deciding the price of potash. On July 30, 2013, BPC, the world's largest potash cartel, was broken when one of its members 'Uralkali' quit it. Uralkali (URALL.PK) isComplete Story »
Dividend Changes to Know Now: Standard Motor Products, The McGraw-Hill Companies, Potash Corp. of Saskatchewan, Las Vegas Sands, California Water Service Group
Shareholders are either smiling or fuming...
Лидирующий в мире производитель удобрений Potash Corp of Saskatchewan заявил, что прибыль в четвертом квартале упала на 38% ввиду снижения спроса со стороны Китая и Индии. Так, чистая прибыль составила $421 млн или 48 центов на одну акцию по сравнению с $683 млн или 78 центами на бумагу годом ранее. При этом согласно оценкам компании, прибыль в текущем квартале составит 50-60 центов на акцию, в то время как аналитики прогнозируют 68 центов.
Ahead of the Tape: Potash of Saskatchewan multiplied its shareholders' wealth 13-fold in the four years through June 2008. Fast forward to today, and Potash's 2012 earnings report, due Thursday, looks less rosy than analysts once believed.
Canpotex Limited, the offshore marketing company jointly owned by Potash Corporation of Saskatchewan Inc., Agrium Inc. and The Mosaic Company, announced that it has signed a deal with a subsidiary of China's Sinofert Holdings Limited.