Potash Corporation Of Saskatchewan Stock To Go Ex-dividend Tomorrow (POT)

NEW YORK ( TheStreet) -- The ex-dividend date for Potash Corporation of Saskatchewan (NYSE: POT) is tomorrow, April 10, 2012. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $44.57 as of 9:30 a.m. ET, the dividend yield is 1.2%.

The average volume for Potash Corporation of Saskatchewan has been 7.9 million shares per day over the past 30 days. Potash Corporation of Saskatchewan has a market cap of $38.05 billion and is part of the basic materials sector and chemicals industry. Shares are up 9.3% year to date as of the close of trading on Thursday.

Potash Corporation of Saskatchewan Inc., together with its subsidiaries, 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 12.9, below the average chemicals industry P/E ratio of 13.6 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Potash Corporation of Saskatchewan as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Potash Corporation of Saskatchewan Ratings Report.

See our dividend calendar or top-yielding stocks list.

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