Listed: TSX, NYSE Symbol: POT
SASKATOON, May 12, 2015 /CNW/ - Potash Corporation of
Saskatchewan Inc. announced today that its Board of Directors has
declared a quarterly dividend of US $0.38 per share payable July 31, 2015 to shareholders of record
July 10, 2015.
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PotashCorp is the world's largest crop nutrient company and
plays an integral role in global food production. The company
produces the three essential nutrients required to help farmers
grow healthier, more abundant crops. With global population rising
and diets improving in developing countries, these nutrients offer
a responsible and practical solution to meeting the long-term
demand for food. PotashCorp is the largest producer, by capacity,
of potash and third largest producer of nitrogen and phosphate.
While agriculture is its primary market, the company also produces
products for animal nutrition and industrial uses. Common shares of
Potash Corporation of Saskatchewan Inc. are listed on the Toronto
Stock Exchange and the New York Stock Exchange.
This release, including the documents incorporated by
reference, contains "forward-looking statements" (within the
meaning of the US Private Securities Litigation Reform Act of 1995)
or "forward-looking information"(within the meaning of appropriate
Canadian securities legislation) that relate to future events or
our future performance. These statements can be identified
by expressions of belief, expectation or intention, as well as
those statements that are not historical fact. These statements
often contain words such as "should," "could," "expect," "may,"
"anticipate," "believe," "intend," "estimates," "plans" and
similar expressions. These statements are based on certain factors
and assumptions as set forth in this document, including with
respect to: foreign exchange rates, expected growth, results of
operations, performance, business prospects and opportunities and
effective tax rates. While we consider these factors and
assumptions to be reasonable based on information currently
available, they may prove to be incorrect. Forward-looking
statements are subject to risks and uncertainties that are
difficult to predict. The results or events set forth in
forward-looking statements may differ materially from actual
results or events. Several factors could cause actual results or
events to differ materially from those expressed in forward-looking
statements including, but not limited to, the following: variations
from our assumptions with respect to foreign exchange rates,
expected growth, results of operations, performance, business
prospects and opportunities, and effective tax rates; fluctuations
in supply and demand in the fertilizer, sulfur, transportation and
petrochemical markets; changes in competitive pressures, including
pricing pressures; costs and availability of transportation and
distribution for our raw materials and products, including railcars
and ocean freight; risks and uncertainties related to operating and
workforce changes made in response to our industry and the markets
we serve; risks and uncertainties related to our international
operations and assets; failure to prevent or respond to a major
safety incident; adverse or uncertain economic conditions and
changes in credit and financial markets; the results of sales
contract negotiations within major markets; economic and political
uncertainty around the world; risks associated with natural gas and
other hedging activities; changes in capital markets; unexpected or
adverse weather conditions; catastrophic events or malicious acts,
including terrorism; changes in currency and exchange rates;
imprecision in reserve estimates; adverse developments in new and
pending legal proceedings or government investigations; our
prospects to reinvest capital in strategic opportunities and
acquisitions; our ownership of non-controlling equity interests in
other companies; the impact of further technological innovation;
increases in the price or reduced availability of the raw materials
that we use; security risks related to our information technology
systems; strikes or other forms of work stoppage or slowdowns;
timing and impact of capital expenditures; rates of return on, and
the risks associated with, our investments and capital
expenditures; changes in, and the effects of, government policies
and regulations; certain complications that may arise in our mining
process, including water inflows; our ability to attract, retain,
develop and engage skilled employees; risks related to reputational
loss; earnings; and the decisions of taxing authorities, which
could affect our effective tax rates. These risks and
uncertainties are discussed in more detail under the headings "Risk
Factors" and "Management's Discussion and Analysis of Results and
Operations and Financial Condition" in our Annual Report on Form
10-K for the fiscal year ended December 31,
2014 and in other documents and reports subsequently filed
by us with the US Securities and Exchange Commission and the
Canadian provincial securities commissions. Forward-looking
statements are given only as of the date hereof and we disclaim any
obligation to update or revise any forward-looking statements in
this release, whether as a result of new information, future events
or otherwise, except as required by law.
SOURCE Potash Corporation of Saskatchewan Inc.