Intrepid Potash, Inc
IPIIntrepid Potash, Inc. is a U.S.-based producer of potash and defined as a specialty fertilizer company. It primarily operates mines in New Mexico and Louisiana, extracting and selling potash for use in agricultural applications to improve crop yields. The company's operations focus on evaporite deposits, offering a key resource in the fertilizer industry.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| December 27, 2012 | $0.75 | 2012-12-13 | 2012-12-17 |
Dividends Summary
- Consistent Payer: Intrepid Potash, Inc has rewarded shareholders with 1 dividend payments over the past 0 years.
- Total Returned Value: Investors who held IPI shares during this period received a total of $0.75 per share in dividend income.
- Latest Payout: The most recent dividend of $0.75/share was paid 4775 days ago, on December 27, 2012.
Company News
The magnesium chloride market is projected to grow significantly by 2032, driven by advancements in extraction technologies and increasing demand for deicing agents, pharmaceuticals, and building materials.
The global potassium sulfate market is expected to grow from $4,720.10 million in 2023 to $7,760.10 million by 2033, driven by rising demand for high-quality fertilizers and expanded industrial applications. However, competition from alternative products and fluctuations in raw material prices pose challenges.
Nutrien, ICL and Intrepid Potash have been highlighted in this Industry Outlook article.
Favorable demand in major markets for crop nutrients, backed by the strength in global agriculture markets, should enable the Zacks Fertilizers industry to thrive. NTR, ICL and IPI should benefit from supportive industry fundamentals.
Inseego, Geopark, The Greenbrier Companies and Intrepid Potash are part of the Zacks Screen of the Week article.
