PotashCorp Increasing Dividends by 25 Percent on Cash Flow

Reuters reported that PotashCorp plans to increase its dividend by 25 percent as a 10-year mine expansion wraps up.

As quoted in the Reuters report:

Saskatoon, Saskatchewan-based Potash, which has the largest capacity in the world to produce the crop nutrient potash, said it will raise its quarterly cash dividend to 35 cents per share from 28 cents, payable Aug. 2, 2013.

To view the whole Reuters report, click here.