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NEW YORK, May 15 (Reuters) – Potash Corporation of
Saskatchewan said on Wednesday it will hike its
dividend by 25 percent, as it winds down a 10-year mine
expansion program that will free up cash.
Saskatoon, Saskatchewan-based Potash, which has the largest
capacity in the world to produce the crop nutrient potash, said
it will raise its quarterly cash dividend to 35 cents per share
from 28 cents, payable Aug. 2, 2013.
