Potash Cuts Dividend and Lowers Full-Year Profit Forecast

Updated on
  • Company to cut dividend to 10 cents a share from 25 cents
  • Fertilizer prices slid amid weak demand and increased output

Potash Corp., the world’s second-largest producer of its namesake fertilizer, cut its dividend for the second time this year and lowered its full-year profit forecast after crop-nutrient prices declined.

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