CF Industries Holdings Increases Dividend by 150% fro $0.40 to $1.00 per Share
CF Industries Holdings (NYSE: CF) today reported that its Board of Directors has approved an increase in the company's quarterly cash dividend from $0.40 per share to $1.00 per share, and declared a quarterly cash dividend of $1.00 per common share payable on November 29, 2013 to shareholders of record as of November 15, 2013.
“This dividend increase reflects our confidence in the strength of CF Industries' business model and is part of our ongoing commitment to build long term shareholder value,” said Stephen R. Wilson, chairman and chief executive officer, CF Industries Holdings, Inc.
About CF Industries Holdings, Inc.
CF Industries Holdings, Inc., through its subsidiaries, is a global leader in nitrogen and phosphate fertilizer manufacturing and distribution, serving both agricultural and industrial customers. CF Industries, headquartered in Deerfield, Illinois, operates world-class nitrogen fertilizer manufacturing complexes in the central United States and Canada; conducts phosphate mining and manufacturing operations in central Florida; and distributes plant nutrients through a system of terminals, warehouses, and associated transportation equipment located primarily in the midwestern United States. The company also owns 50 percent interests in GrowHow UK Limited, a fertilizer manufacturer in the United Kingdom; an ammonia facility in The Republic of Trinidad and Tobago; and KEYTRADE AG, a global fertilizer trading organization headquartered near Zurich, Switzerland. CF Industries routinely posts investor announcements and additional information on the company's Web site at www.cfindustries.com and encourages those interested in the company to check there frequently.
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