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Mosaic Announces Quarterly Dividend Of $0.20 Per Share

The Mosaic Company (NYSE:MOS) has declared a quarterly dividend of $0.20 per share on its common stock.

(Neutral)

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Rhea-AI Summary

The Mosaic Company (NYSE:MOS) has declared a quarterly dividend of $0.20 per share on its common stock. This dividend will be distributed on June 15, 2023, to stockholders recorded by the close of business on June 1, 2023. Future dividend declarations are dependent on the approval from the Board of Directors, with no guarantee of subsequent dividends.

As a leading producer of phosphate and potash crop nutrients, Mosaic serves the global agriculture sector.

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Positive

  • Quarterly dividend of $0.20 per share signifies return of income to shareholders.
  • Scheduled dividend payment demonstrates company confidence in financial stability.

Negative

  • Future dividend payments are not guaranteed, indicating potential uncertainty for investors.
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News Market Reaction – MOS

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TAMPA, FL / ACCESSWIRE / March 9, 2023 / The Mosaic Company (NYSE:MOS) announced today that its Board of Directors declared a quarterly dividend of $0.20 per share on the Company's common stock. The dividend will be paid on June 15, 2023, to stockholders of record as of the close of business on June 1, 2023.

The declaration and payment of any future dividends is subject to approval by Mosaic's Board of Directors. There can be no assurance that the Company's Board of Directors will declare future dividends.

About The Mosaic Company

The Mosaic Company is one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients. Mosaic is a single source provider of phosphate and potash fertilizers and feed ingredients for the global agriculture industry. More information on the company is available at www.mosaicco.com.

Investors

Paul Massoud

The Mosaic Company

813-775-4260

investor@mosaicco.com

Media

Ben Pratt

The Mosaic Company

813-775-4206

benjamin.pratt@mosaicco.com

SOURCE: The Mosaic Company



View source version on accesswire.com:
https://www.accesswire.com/743013/Mosaic-Announces-Quarterly-Dividend-Of-020-Per-Share

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Mosaic?

The Mosaic Company declared a quarterly dividend of $0.20 per share.

When is the dividend payment date for Mosaic?

The dividend will be paid on June 15, 2023.

What is the record date for Mosaic's dividend?

The record date for the dividend is June 1, 2023.

Are future dividends guaranteed for Mosaic shareholders?

No, future dividends are subject to approval by the Board of Directors and are not guaranteed.

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