Mosaic's dividend more than doubles

Fertilizer maker The Mosaic Co. said Thursday that it will more than double its dividend to 12.5 cents per share from 5 cents per share.The dividend will be paid May 17 to shareholders of record May 3.Mosaic shares rose $1.19, or 2.4 percent, to close at $51.17.

Fertilizer maker The Mosaic Co. said Thursday that it will more than double its dividend to 12.5 cents per share from 5 cents per share.

The dividend will be paid May 17 to shareholders of record May 3.

Mosaic shares rose $1.19, or 2.4 percent, to close at $51.17.

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