The Mosaic Company (MOS) to Distribute Quarterly Dividend of $0.22 on September 24th

The Mosaic Company (NYSE:MOS) declared a quarterly dividend on Thursday, August 27th. Stockholders of record on Thursday, September 10th will be given a dividend of 0.22 per share by the basic materials company on Thursday, September 24th. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Thursday, September 10th.

Mosaic has increased its dividend by an average of 0.3%per year over the last three years and has raised its dividend annually for the last 7 consecutive years. Mosaic has a payout ratio of 32.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Mosaic to earn $1.25 per share next year, which means the company should continue to be able to cover its $0.88 annual dividend with an expected future payout ratio of 70.4%.

Mosaic Trading Down 0.5%

MOS stock opened at $23.64 on Friday. Mosaic has a 12 month low of $19.80 and a 12 month high of $36.99. The firm’s 50-day moving average is $22.36 and its 200 day moving average is $24.11. The company has a market capitalization of $7.52 billion, a PE ratio of -11.70, a P/E/G ratio of 4.30 and a beta of 0.82. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.34 and a quick ratio of 0.43.

Mosaic (NYSE:MOS) last released its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.01. The company had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $3.10 billion. Mosaic had a negative net margin of 5.21% and a positive return on equity of 3.77%. The firm’s quarterly revenue was down 6.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.51 EPS. On average, research analysts anticipate that Mosaic will post 0.54 EPS for the current year.

About Mosaic

Mosaic Co is one of the world’s leading producers and marketers of concentrated phosphate and potash crop nutrients. The company’s primary business activities center on the extraction, processing and distribution of phosphate rock, phosphate-based fertilizers and potash products. These core nutrients are essential components in modern agriculture, supporting crop yields and soil health across a range of farming applications.

In its phosphate segment, Mosaic operates mining and production facilities that convert phosphate rock into concentrated phosphates, finished phosphate fertilizers and feed phosphates for animal nutrition.