NEW YORK ( TheStreet) -- The ex-dividend date for Potash Corporation of Saskatchewan (NYSE: POT) is tomorrow, October 13, 2011. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $47.79 as of 9:30 a.m. ET, the dividend yield is 0.6%. The average volume for Potash Corporation of Saskatchewan has been nine million shares per day over the past 30 days. Potash Corporation of Saskatchewan has a market cap of $40 billion and is part of the basic materials sector and chemicals industry. Shares are down 6.9% year to date as of the close of trading on Tuesday. Potash Corporation of Saskatchewan Inc. produces and sells fertilizers and related industrial and feed products primarily in the United States and Canada. The company mines and produces potash, which is used as fertilizer. The company has a P/E ratio of 16.9, equal to the average chemicals industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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