Potash Looks Like Growth Material
Potash Corp. of Saskatchewan (POT) could nurture your bottom line just as it does for farmers. The Canadian-based fertilizer giant raised its dividend 50% on Thursday, going from $0.14 to $0.21 quarterly. The annual rate is now triple its $0.07 rate at the end of 2011.
It was a welcome sign of confidence from management that it feels the recent drought conditions will not severely affect Potash's long-term prospects. Potash has had a spectacular run over the past decade. Here are its per-share, split-adjusted numbers:...203 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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