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.
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