Potash Co. of Saskatchewan Inc (POT) Declares $0.10 Quarterly Dividend
Potash Co. of Saskatchewan Inc (TSE:POT) (NYSE:POT) announced a quarterly dividend on Thursday, September 7th, RTT News reports. Shareholders of record on Friday, September 29th will be given a dividend of 0.10 per share on Wednesday, November 1st. This represents a $0.40 dividend on an annualized basis and a yield of 1.86%.
Potash Co. of Saskatchewan (POT) traded down 0.32% during midday trading on Thursday, reaching $21.54. 1,130,529 shares of the company’s stock were exchanged. Potash Co. of Saskatchewan has a 52 week low of $20.67 and a 52 week high of $26.62. The firm has a market capitalization of $18.10 billion and a P/E ratio of 37.92. The stock’s 50 day moving average is $22.07 and its 200 day moving average is $22.36.
Separately, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a C$24.00 price target on shares of Potash Co. of Saskatchewan in a report on Friday, July 14th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of C$22.50.
About Potash Co. of Saskatchewan
Potash Corporation of Saskatchewan Inc (PCS) is a fertilizer producer producing a range of primary crop nutrients, such as potash, nitrogen and phosphate. The Company operates through three segments: potash, nitrogen and phosphate. As of December 31, 2016, it owned and operated five potash operations in Saskatchewan and owned one in New Brunswick.
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