Mosaic Stock Price, News & Analysis

The Mosaic Company (NYSE:MOS) has announced a 50% increase in its annual dividend target, raising it from $0.20 to $0.30 per share, with the next declaration expected in May 2021. This increase is attributed to a reduced expense base and lower capital spending as the Esterhazy K3 mine project nears completion. CEO Joc O'Rourke emphasized this commitment to shareholders. However, the future declaration of dividends is subject to the approval of the Board of Directors, depending on the company's financial performance and available cash resources.

The Mosaic Company (NYSE:MOS) reported its February 2021 sales revenue and volumes, indicating growth in its potash and phosphates segments compared to February 2020. For potash, sales volumes reached 617,000 tonnes, generating $143 million in revenue, an increase from 489,000 tonnes and $118 million in February 2020. Mosaic Fertilizantes saw 711,000 tonnes in sales volumes and $261 million in revenues, slightly up from 737,000 tonnes and $255 million the previous year. Phosphates also experienced growth with 614,000 tonnes sold generating $297 million.

The Mosaic Company (NYSE:MOS) has partnered with Sound Agriculture to develop a new nutrient efficiency product aimed at enhancing crop yields while improving soil health in North and South America. This collaboration will leverage bio-inspired chemistry and micronutrients to optimize fertilizer use in crops like corn and soybeans, launching in the U.S. by 2023. The partnership aims to address economic and environmental waste associated with fertilizer excess, benefitting growers and promoting sustainable agriculture practices.

TAMPA, FL / ACCESSWIRE / February 25, 2021 / The Mosaic Company (NYSE:MOS) will host a virtual Analyst Presentation on March 11, 2021, from 9:00 am to 10:00 am ET. This fourth session will discuss the company's strategy and performance, focusing on the optimization of operating assets and capital management. Participants can register on the company's website and submit questions during the event. Replays will be available post-event. Mosaic is a leading producer of phosphate and potash crop nutrients for global agriculture.

The Mosaic Company (NYSE:MOS) reported its January 2021 sales revenue and volumes across its business units. In the Potash segment, sales volumes were 624,000 tonnes, down from 728,000 tonnes in January 2020, leading to revenues of $151 million compared to $170 million the previous year.

For Mosaic Fertilizantes, sales volumes fell to 718,000 tonnes from 752,000 tonnes, resulting in revenues of $262 million versus $281 million in January 2020. However, the Phosphates segment saw increased sales volumes at 741,000 tonnes, up from 599,000 tonnes, with revenues rising to $337 million compared to $198 million in the prior year.

The National Safety Council awarded The Mosaic Company (NYSE: MOS) the prestigious 2020 Robert W. Campbell Award for excellence in integrating environment, health, and safety into business operations. This recognition highlights Mosaic's impressive 83% decrease in Recordable Injury Frequency Rate over the past decade, showcasing the company's commitment to safety and sustainability. NSC President Lorraine Martin praised Mosaic's cutting-edge use of technology in risk mitigation. Mosaic CEO Joc O'Rourke expressed pride in the award, reaffirming the commitment to a workplace free of incidents and injuries.

The Mosaic Company (NYSE:MOS) announced its financial results for 2020, showcasing a strong performance despite market challenges. The company is a leading producer of phosphate and potash crop nutrients. Key financials include robust earnings, with comprehensive resources available for investors on their official site. A conference call is scheduled for February 18, 2021, at 11:00 AM ET to discuss these results further. Investors can access this call through web and dial-in options. For more information, visit Mosaic's investor page.

TAMPA, FL / ACCESSWIRE / February 9, 2021: The U.S. Department of Commerce has determined that phosphate fertilizer imports from Morocco and Russia are unfairly subsidized, imposing a subsidy rate of 19.97% for Morocco's OCP and rates of 9.19% and 47.05% for Russia’s PhosAgro and EuroChem, respectively. The U.S. International Trade Commission is investigating potential material injury to the U.S. phosphate industry, with a ruling expected by mid-March. If affirmative, countervailing duties could be enacted for at least five years, supporting U.S. fertilizer competitiveness.

The Mosaic Company (NYSE:MOS) will announce its 2020 full-year and fourth-quarter earnings on February 17, 2021, after market close. The earnings release will include a full report, presentation slides, and performance data, available on their website. Additionally, the company will host a conference call on February 18, 2021, at 11:00 a.m. ET to discuss the results and answer submitted questions. Investors can dial 678.825.8336 for participation, using the Conference ID 8393189.