Listed: TSX, NYSE
Symbol: POT
SASKATOON, Sept. 9, 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 November 3, 2015 to shareholders of record
October 13, 2015.
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As the world's largest crop nutrient company, PotashCorp
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, crop nutrients such as
potash, phosphates and nitrogen offer a responsible and practical
solution to help produce the food we need, from the land we
have.
This release 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,
including our proposal to acquire K+S, 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, including our proposal to acquire K+S; 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.