Potash ( POT) split 3-for-1 and doubled its dividend.

The Saskatoon, Saskatchewan-based fertilizer giant said the split is payable May 29 to May 22. The dividend will boost the postsplit payout to 10 cents from 5 cents and is payable Aug. 10 to shareholders of record July 20.

Shares rose $3.12 to $185.

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