Plymouth, Minn.-The Mosaic Co. on Oct. 9 announced that its board of directors declared a quarterly dividend of $0.05 per share on the company’s common stock. The dividend will be paid on Nov. 20, 2008, to stockholders of record as of the close of business on Nov. 6, 2008. Mosaic noted that the declaration and payment of any future dividends is subject to approval by the board, and there is no assurance such dividends will be declared.