The Mosaic Company (NYSE:MOS) to Issue Quarterly Dividend of $0.22

The Mosaic Company (NYSE:MOS) announced a quarterly dividend on Thursday, August 27th. Shareholders 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 yield of 3.7%. The ex-dividend date is Thursday, September 10th.

Mosaic has raised its dividend payment by an average of 0.3%per year over the last three years and has increased its dividend annually for the last 7 consecutive years. Mosaic has a payout ratio of 32.2% meaning its dividend is sufficiently covered by earnings. Equities 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 1.6%

Shares of MOS stock opened at $23.79 on Friday. The company has a quick ratio of 0.43, a current ratio of 1.34 and a debt-to-equity ratio of 0.41. The business has a 50-day moving average price of $22.34 and a two-hundred day moving average price of $24.12. Mosaic has a 12-month low of $19.80 and a 12-month high of $36.99. The firm has a market cap of $7.56 billion, a P/E ratio of -11.77, a price-to-earnings-growth ratio of 4.37 and a beta of 0.82.

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

Mosaic Company Profile

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.