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POT stock split!

posted Mar 9, 2011, 11:39 PM by Mohit Kumar
One of our many outperforming stocks and one of our favorite fertilizer stocks, Potash Corp. (POT) announced a 3-for-1 stock split to boost liquidity. The split came into effect on February 25th and the prices in our portfolio have been adjusted accordingly (a corresponding note has been added in the POT details page).  In addition, the company plans to more than double its quarterly dividend which demonstrates its confidence in the crop nutrient market!

We remain confident in the long-term strength of its business and believe the company is using its cash flow to generate shareholder value. We continue to hold the stock and enjoy the dividends in the mean time!

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