Mosaic Announces Quarterly Dividend of $0.21 Per Share
Rhea-AI Summary
The Mosaic Company (NYSE:MOS) has declared a quarterly dividend of $0.21 per share on its common stock. The dividend will be paid on September 19, 2024, to stockholders of record as of the close of business on September 5, 2024. This announcement demonstrates Mosaic's commitment to returning value to shareholders. However, the company cautions that future dividend declarations are subject to Board approval and are not guaranteed. This quarterly dividend payout reflects Mosaic's current financial position and confidence in its near-term prospects.
Positive
- Declared quarterly dividend of $0.21 per share
- Maintaining dividend payments indicates financial stability
Negative
- Future dividends not guaranteed, subject to Board approval
News Market Reaction 1 Alert
On the day this news was published, MOS gained 2.59%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
TAMPA, FL / ACCESSWIRE / August 22, 2024 / The Mosaic Company (NYSE:MOS) announced today that its Board of Directors declared a quarterly dividend of
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.
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Joan Tong, CFA |
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The Mosaic Company |
| The Mosaic Company |
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Jason Tremblay |
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The Mosaic Company |
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SOURCE: The Mosaic Company
View the original press release on accesswire.com
FAQ
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