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

Key Points

• The Mosaic Company declared a quarterly dividend of $0.22 per share, payable June 2 to shareholders of record May 21 (ex‑dividend date May 21), which equates to an annualized yield of about 3.3%.
• Dividend looks sustainable: Mosaic has raised its payout for seven consecutive years and has a payout ratio around 32.2%; analysts forecast roughly $2.20 EPS next year, implying the $0.88 annual dividend would be covered with an expected payout ratio near 40%.
• Recent quarter missed expectations: Mosaic reported EPS of $0.22 versus a $0.48 consensus and revenue of $2.97B versus $3.02B expected, although revenue rose 5.6% year‑over‑year.

The Mosaic Company (NYSE:MOS - Get Free Report) declared a quarterly dividend on Thursday, March 5th. Investors of record on Thursday, May 21st will be given 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 3.3%. The ex-dividend date of this dividend is Thursday, May 21st.

Mosaic has raised its dividend payment by an average of 0.3%annually over the last three years and has increased its dividend every year for the last 7 years. Mosaic has a payout ratio of 32.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Mosaic to earn $2.20 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 40.0%.

Mosaic Trading Up 1.1%

Shares of MOS opened at $26.29 on Friday. The firm has a market capitalization of $8.34 billion, a price-to-earnings ratio of 15.56, a PEG ratio of 1.52 and a beta of 0.95. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.32 and a quick ratio of 0.47. Mosaic has a 1-year low of $22.36 and a 1-year high of $38.23. The company has a 50-day moving average of $27.41 and a 200 day moving average of $28.60.

Mosaic (NYSE:MOS - Get Free Report) last posted its quarterly earnings results on Tuesday, February 24th. The basic materials company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.26). The company had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $3.02 billion. Mosaic had a net margin of 4.49% and a return on equity of 5.80%. The business's revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.45 EPS. On average, research analysts expect that Mosaic will post 2.04 EPS 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.

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