Listed: TSX, NYSE
Symbol: POT
SASKATOON, Sept. 8, 2016 /CNW/ - Potash Corporation of
Saskatchewan Inc. announced today that its Board of Directors has
declared a quarterly dividend of US $0.10 per share payable November 2, 2016 to shareholders of record
October 12, 2016.
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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 one of the largest producers 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 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,"
"forecast," "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 and petrochemical
markets; changes in competitive pressures, including pricing
pressures; risks and uncertainties related to any operating and
workforce changes made in response to our industry and the markets
we serve, including mine and inventory shutdowns; adverse or
uncertain economic conditions and changes in credit and financial
markets; economic and political uncertainty around the world;
changes in capital markets; the results of sales contract
negotiations; unexpected or adverse weather conditions; changes in
currency and exchange rates; risks related to reputational loss;
the occurrence of a major safety incident; inadequate insurance
coverage for a significant liability; inability to obtain relevant
permits for our operations; catastrophic events or malicious acts,
including terrorism; certain complications that may arise in our
mining process, including water inflows; risks and uncertainties
related to our international operations and assets; our ownership
of non-controlling equity interests in other companies; our
prospects to reinvest capital in strategic opportunities and
acquisitions; risks associated with natural gas and other hedging
activities; security risks related to our information technology
systems; imprecision in reserve estimates; costs and availability
of transportation and distribution for our raw materials and
products, including railcars and ocean freight; changes in, and the
effects of, government policies and regulations; earnings and the
decisions of taxing authorities which could affect our effective
tax rates; increases in the price or reduced availability of the
raw materials that we use; our ability to attract, develop, engage
and retain skilled employees; strikes or other forms of work
stoppage or slowdowns; rates of return on, and the risks associated
with, our investments and capital expenditures; timing and impact
of capital expenditures; the impact of further innovation; adverse
developments in new and pending legal proceedings or government
investigations; and violations of our governance and compliance
policies. 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, 2015 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.