Potash Corp. of Saskatchewan (NYSE:POT) (TSE:POT) announced a quarterly dividend on Thursday, November 17th. Shareholders of record on Thursday, January 12th will be given a dividend of 0.10 per share by the fertilizer maker on Thursday, February 2nd. This represents a $0.40 annualized dividend and a yield of 2.25%. The ex-dividend date is Tuesday, January 10th.

Shares of Potash Corp. of Saskatchewan (NYSE:POT) opened at 17.74 on Friday. Potash Corp. of Saskatchewan has a 1-year low of $14.64 and a 1-year high of $20.85. The firm’s 50-day moving average price is $16.47 and its 200 day moving average price is $16.53. The stock has a market capitalization of $14.90 billion, a P/E ratio of 31.12 and a beta of 0.61.

Potash Corp. of Saskatchewan (NYSE:POT) last posted its quarterly earnings results on Thursday, October 27th. The fertilizer maker reported $0.10 EPS for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.01. The business earned $1.14 billion during the quarter, compared to the consensus estimate of $1.04 billion. Potash Corp. of Saskatchewan had a return on equity of 6.94% and a net margin of 10.06%. The company’s revenue for the quarter was down 25.7% compared to the same quarter last year. During the same period last year, the firm earned $0.34 earnings per share. Analysts expect that Potash Corp. of Saskatchewan will post $0.50 EPS for the current fiscal year.

Dividend History for Potash Corp. of Saskatchewan (NYSE:POT)

A number of institutional investors have recently bought and sold shares of POT. Dimensional Fund Advisors LP boosted its position in Potash Corp. of Saskatchewan by 23.6% in the second quarter. Dimensional Fund Advisors LP now owns 971,076 shares of the fertilizer maker’s stock valued at $15,770,000 after buying an additional 185,609 shares in the last quarter. Freestone Capital Holdings LLC boosted its position in Potash Corp. of Saskatchewan by 118.5% in the second quarter. Freestone Capital Holdings LLC now owns 93,144 shares of the fertilizer maker’s stock valued at $1,513,000 after buying an additional 50,518 shares in the last quarter. Reliance Trust Co. of Delaware boosted its position in Potash Corp. of Saskatchewan by 18.7% in the second quarter. Reliance Trust Co. of Delaware now owns 19,907 shares of the fertilizer maker’s stock valued at $323,000 after buying an additional 3,139 shares in the last quarter. Trexquant Investment LP bought a new position in Potash Corp. of Saskatchewan during the second quarter valued at approximately $621,000. Finally, HighTower Advisors LLC boosted its position in Potash Corp. of Saskatchewan by 198.4% in the second quarter. HighTower Advisors LLC now owns 80,384 shares of the fertilizer maker’s stock valued at $1,303,000 after buying an additional 53,446 shares in the last quarter. Hedge funds and other institutional investors own 60.17% of the company’s stock.

A number of equities analysts recently commented on POT shares. Vetr upgraded Potash Corp. of Saskatchewan from a “buy” rating to a “strong-buy” rating and set a $21.00 price target for the company in a research note on Thursday, September 22nd. Citigroup Inc. reiterated a “neutral” rating and issued a $17.00 price target on shares of Potash Corp. of Saskatchewan in a research note on Wednesday, August 31st. Goldman Sachs Group Inc. set a $14.00 price target on Potash Corp. of Saskatchewan and gave the stock a “neutral” rating in a research note on Wednesday, August 31st. Stifel Nicolaus upgraded Potash Corp. of Saskatchewan from a “hold” rating to a “buy” rating and lifted their price target for the stock from $16.16 to $20.00 in a research note on Wednesday, September 14th. Finally, Howard Weil downgraded Potash Corp. of Saskatchewan to a “hold” rating in a research note on Tuesday, September 13th. Six analysts have rated the stock with a sell rating, fourteen have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $17.15.

About Potash Corp. of Saskatchewan

Potash Corporation of Saskatchewan Inc is a fertilizer producer producing various primary crop nutrients, such as potash, nitrogen and phosphate. The Company operates through three segments: potash, nitrogen and phosphate. It owns and operates approximately five potash operations in Saskatchewan and one in New Brunswick.

5 Day Chart for NYSE:POT

Receive News & Stock Ratings for Potash Corp. of Saskatchewan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Potash Corp. of Saskatchewan and related stocks with our FREE daily email newsletter.