Potash Corp announces stock split; raises dividend
Investing News Network - January 26th, 2011
Reuters reports Potash Corp (TSE:POT) approves a three-for-one split of its outstanding common shares and approved an increase to its quarterly 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.