Madison, Miss.-Phosphate Holdings Inc. reports that on Jan. 29 its board of directors declared a special dividend of $1.50 per share of common stock of the company. The dividend will be paid on March 7, 2008, to stockholders of record on Feb. 25, 2008. The company said the timing and amount of future dividends will be determined in light of the company’s results of operations, financial condition, liquidity needs, restrictions under any agreements or under applicable law, and other factors deemed relevant by the board. The company is a Delaware corporation and the sole stockholder of Mississippi Phosphates Corp. Miss Phos is a Delaware corporation, with its executive headquarters in Madison, Miss. It owns and operates manufacturing facilities in Pascagoula, Miss., that produce DAP.
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