Mosaic Co (NYSE:MOS) announced a quarterly dividend on Wednesday, October 16th, Zacks reports. Investors of record on Thursday, December 5th will be given a dividend of 0.05 per share by the basic materials company on Thursday, December 19th. This represents a $0.20 annualized dividend and a yield of 1.05%. The ex-dividend date of this dividend is Wednesday, December 4th.

MOS opened at $18.99 on Tuesday. The company has a market capitalization of $7.22 billion, a price-to-earnings ratio of 8.96, a P/E/G ratio of 5.18 and a beta of 1.62. The business’s 50-day moving average price is $19.83 and its two-hundred day moving average price is $21.36. Mosaic has a 1 year low of $17.36 and a 1 year high of $37.33. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.51 and a quick ratio of 0.67.

Mosaic (NYSE:MOS) last announced its earnings results on Monday, November 4th. The basic materials company reported $0.20 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.22 by ($0.02). Mosaic had a negative net margin of 0.36% and a positive return on equity of 4.48%. The firm had revenue of $2.75 billion during the quarter, compared to analyst estimates of $2.67 billion. During the same period in the prior year, the business posted $0.75 EPS. The firm’s quarterly revenue was down 6.0% compared to the same quarter last year. Sell-side analysts anticipate that Mosaic will post 0.53 earnings per share for the current fiscal year.

In other Mosaic news, Director William T. Monahan bought 2,360 shares of Mosaic stock in a transaction dated Tuesday, September 10th. The stock was bought at an average cost of $21.15 per share, for a total transaction of $49,914.00. Following the purchase, the director now owns 39,235 shares of the company’s stock, valued at approximately $829,820.25. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.51% of the company’s stock.

A number of brokerages have recently commented on MOS. JPMorgan Chase & Co. cut shares of Mosaic from a “neutral” rating to an “underweight” rating and reduced their target price for the stock from $20.00 to $18.00 in a report on Wednesday, November 13th. BMO Capital Markets set a $27.00 price target on shares of Mosaic and gave the company a “hold” rating in a research note on Wednesday, August 7th. Cfra reissued a “buy” rating and set a $26.00 price target on shares of Mosaic in a research report on Thursday, November 7th. CIBC restated a “buy” rating and set a $25.00 price objective on shares of Mosaic in a research note on Thursday, November 7th. Finally, ValuEngine upgraded Mosaic from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $27.63.

About Mosaic

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. The company operates through three segments: Phosphates, Potash, and International Distribution. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names.

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Dividend History for Mosaic (NYSE:MOS)

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