Mosaic Co (MOS) will lower its quarterly dividend by 45.5 percent from $0.275 to $0.15 per share in the second quarter of 2017.
The lower dividend will be paid on June 15, 2017 to shareholders of record on June 1, 2017.
The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. Mosaic is a single source provider of phosphate and potash fertilizers and feed ingredients for the global agriculture industry.