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NEW YORK ( TheStreet) -- The ex-dividend date for Mosaic (NYSE: MOS) is tomorrow, November 1, 2011. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $59.85 as of 10:05 a.m. ET, the dividend yield is 0.3%. The average volume for Mosaic has been 8.2 million shares per day over the past 30 days. Mosaic has a market cap of $25.8 billion and is part of the basic materials sector and chemicals industry. Shares are down 19.1% year to date as of the close of trading on Friday. The Mosaic Company engages in the production and marketing of concentrated phosphate- and potash-based crop nutrients for the agriculture industry worldwide. The company has a P/E ratio of 9.7, above the average chemicals industry P/E ratio of 9.5 and below the S&P 500 P/E ratio of 17.7.