The Mosaic Company (MOS) To Go Ex-Dividend on May 21st

The Mosaic Company (NYSE:MOS) declared a quarterly dividend on Thursday, March 5th. Shareholders of record on Thursday, May 21st will be paid a dividend of 0.22 per share by the basic materials company on Tuesday, June 2nd. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Thursday, May 21st.

Mosaic has increased its dividend payment by an average of 0.3%annually over the last three years and has raised its dividend annually for the last 7 consecutive years. Mosaic has a dividend payout ratio of 32.2% indicating that its dividend is sufficiently covered by earnings. Analysts expect Mosaic to earn $2.03 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 43.3%.

Mosaic Price Performance

Shares of NYSE MOS opened at $21.41 on Tuesday. The stock has a fifty day simple moving average of $24.96 and a two-hundred day simple moving average of $25.81. Mosaic has a 1-year low of $21.11 and a 1-year high of $38.23. The firm has a market cap of $6.80 billion, a price-to-earnings ratio of 164.69, a price-to-earnings-growth ratio of 1.72 and a beta of 0.79. The company has a current ratio of 1.25, a quick ratio of 0.45 and a debt-to-equity ratio of 0.36.

Mosaic (NYSE:MOS) last announced its quarterly earnings data on Monday, May 11th. The basic materials company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.15). Mosaic had a net margin of 0.36% and a return on equity of 4.66%. The firm had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.93 billion. During the same period last year, the company posted $0.49 earnings per share. Mosaic’s revenue for the quarter was up 14.4% on a year-over-year basis. Analysts anticipate that Mosaic will post 1.25 earnings per share 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.