Potash Corp announces stock split; raises dividend

Reuters reports Potash Corp. (TSX:POT) approves a three-for-one split of its outstanding common shares and approved an increase to its quarterly dividend.

The market news is quoted as saying:

Potash Corp, the target of a failed $39 billion takeover bid last year, will also raise its quarterly cash dividend from 10 cents to 21 cents a share on a pre-split basis.

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