Potash Corporation of Saskatchewan Inc. (PotashCorp) announced today that its Board of Directors has approved an increase of the company's quarterly cash dividend (from $0.35 per share to $0.38 per share), and declared a quarterly cash dividend of US $0.38 per common share payable May 4, 2015 to shareholders of record on April 13, 2015.

“With our potash expansion program nearing completion, our Board and management team continue to review our future cash flow potential and the best opportunities to provide superior returns to our shareholders,” said PotashCorp President and Chief Executive Officer Jochen Tilk. “This increase reflects the confidence we have in our business model and the belief that dividends will continue as an important element of our capital allocation strategy.”

PotashCorp is the world’s largest crop nutrient company and plays an integral role in global food production. The company produces the three essential nutrients required to help farmers grow healthier, more abundant crops. With global population rising and diets improving in developing countries, these nutrients offer a responsible and practical solution to meeting the long-term demand for food. PotashCorp is the largest producer, by capacity, of potash and one of the largest producers of nitrogen and phosphate. While agriculture is its primary market, the company also produces products for animal nutrition and industrial uses. Common shares of Potash Corporation of Saskatchewan Inc. are listed on the Toronto Stock Exchange and the New York Stock Exchange.

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