February 08, 2026 a 03:31 am
MOS: Dividend Analysis - The Mosaic Company
The Mosaic Company presents a compelling case for dividend investors with a rich track record of consistent payouts stretching over decades. The company's dividend strategy is characterized by a moderate yield, sustainable payout ratios backed by a sound balance sheet. Despite some fluctuations in market conditions, Mosaic has managed to maintain a stable dividend policy with a commitment to shareholder returns.
📊 Overview
The Mosaic Company operates within the Basic Materials sector and currently offers a dividend yield of 3.08%. The current dividend per share stands at 0.85 USD, with a commendable dividend history spanning 35 years. Notably, the company has no recent cuts or suspensions in its dividend payouts, underscoring its stable dividend profile.
| Metric | Value |
|---|---|
| Sector | Basic Materials |
| Dividend yield | 3.08% |
| Current dividend per share | 0.85 USD |
| Dividend history | 35 years |
| Last cut or suspension | None |
🔍 Dividend History
The dividend history is a critical component for evaluating long-term investment viability. Consistent dividend payments over an extended period highlight the company's profitability and commitment to returning value to shareholders.
| Year | Dividend Per Share (USD) |
|---|---|
| 2026 | 0.22 |
| 2025 | 0.88 |
| 2024 | 0.84 |
| 2023 | 1.05 |
| 2022 | 0.5625 |
📈 Dividend Growth
Dividend growth is paramount for preserving purchasing power over time and signals a company's potential for future growth. Mosaic's dividend growth over the last 3 and 5 years indicates a robust growth trend.
| Time | Growth |
|---|---|
| 3 years | 16.09% |
| 5 years | 34.49% |
The average dividend growth is 34.49% over 5 years. This shows moderate but steady dividend growth.
💡 Payout Ratio
Payout ratios are a pivotal measure of dividend sustainability. They indicate what portion of earnings and cash flow are used for dividends.
| Key figure | Ratio |
|---|---|
| EPS-based | 21.86% |
| Free cash flow-based | -131.90% |
The EPS payout ratio of 21.86% is conservative, indicating a low risk of dividend cuts. However, the negative FCF payout ratio suggests potential pressures on cash flows.
🗣️ Cashflow & Capital Efficiency
The company's cash flow and capital efficiency metrics are critical in assessing the financial health and operational efficiency.
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Free Cash Flow Yield | -0.0224 | 0.0849 | 0.1739 |
| Earnings Yield | 0.1354 | 0.0984 | 0.2317 |
| CAPEX to Operating Cash Flow | 1.1851 | 0.5826 | 0.3169 |
| Stock-based Compensation to Revenue | 0.0025 | 0.0028 | 0.0015 |
| Free Cash Flow / Operating Cash Flow Ratio | 0.0365 | 0.4174 | 0.6831 |
The data suggests that while Mosaic has seen some fluctuations in cash flow yield, its earnings yield remains attractive. The efficiency ratios highlight significant investments in capital expenditure, especially in 2024.
⚖️ Balance Sheet & Leverage Analysis
A strong balance sheet is foundational for sustaining dividend payouts and growing business operations without excessive financial risk.
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Debt-to-Equity | 0.3875 | 0.3250 | 0.3159 |
| Debt-to-Assets | 0.1941 | 0.1734 | 0.1628 |
| Debt-to-Capital | 0.2793 | 0.2453 | 0.2401 |
| Net Debt to EBITDA | 1.5668 | 1.4728 | 0.5348 |
| Current Ratio | 1.1407 | 1.2249 | 1.1848 |
| Quick Ratio | 0.4675 | 0.5736 | 0.5446 |
| Financial Leverage | 1.9964 | 1.8741 | 1.9400 |
Overall, Mosaic's balance sheet demonstrates moderate leverage and solid liquidity ratios, fundamental for weathering financial uncertainties while retaining financial flexibility.
🔍 Fundamental Strength & Profitability
Analyzing profitability ratios is essential to understand a company's operational efficiency and its ability to generate earnings growth.
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Return on Equity | 0.0152 | 0.0948 | 0.2972 |
| Return on Assets | 0.0076 | 0.0506 | 0.1532 |
| Margins: Net | 0.0157 | 0.0851 | 0.1873 |
| Margins: EBIT | 0.0490 | 0.1106 | 0.2516 |
| Margins: EBITDA | 0.1412 | 0.1807 | 0.3004 |
| Margins: Gross | 0.1359 | 0.1614 | 0.3010 |
| Research & Development to Revenue | 0 | 0 | 0 |
Mosaic displays a strong return on equity and robust net margins in 2022, which may indicate operational efficiency and effective cost management practices. The company maintains a strong profitability profile, with improvements needed in the R&D investment.
📉 Price Development
🔢 Dividend Scoring System
| Category | Score | Score Bar |
|---|---|---|
| Dividend yield | 4 | |
| Dividend Stability | 5 | |
| Dividend growth | 4 | |
| Payout ratio | 3 | |
| Financial stability | 4 | |
| Dividend continuity | 5 | |
| Cashflow Coverage | 3 | |
| Balance Sheet Quality | 4 |
Overall Score: 32/40
📝 Rating
The Mosaic Company delivers a solid dividend proposition with reliable payouts and a robust growth profile, making it a viable option for income-focused investors seeking moderate yields with potential capital appreciation. Given the sound financial underpinnings and a consistent dividend history, Mosaic warrants a favorable evaluation.