Bloomberg News

CF Boosts Dividend 150% After Demand From Dan Loeb’s Third Point

October 17, 2013

CF Industries Holdings Inc. (CF:US) raised its dividend by 150 percent, two months after activist investor Dan Loeb’s Third Point LLC hedge fund demanded the fertilizer maker raise its payout.

CF will pay a quarterly dividend of $1 a share, up from 40 cents previously, the Deerfield, Illinois-based company said today in a statement. The payout will be made to shareholders of record as of Nov. 15, it said.

To contact the reporter on this story: Christopher Donville in Vancouver at

To contact the editor responsible for this story: Simon Casey at

We Almost Lost the Nasdaq

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus