AGCO Announces Quarterly Dividend

Rhea-AI Summary

AGCO, a leading manufacturer of agricultural equipment, announced a quarterly dividend of $0.24 per common share. This dividend will be paid on September 15, 2022, to stockholders of record as of August 15, 2022. In 2021, AGCO reported net sales of approximately $11.1 billion, showcasing its significant market presence.

This dividend declaration highlights AGCO's commitment to returning value to its shareholders while continuing to support sustainable agricultural practices.

Positive

• Quarterly dividend of $0.24 demonstrates AGCO's commitment to returning value to shareholders.
• Reported net sales of approximately $11.1 billion in 2021 indicates strong market performance.

Negative

• None.

DULUTH, Ga.--(BUSINESS WIRE)--

AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, infrastructure and precision ag technology, announced that its Board of Directors declared a regular quarterly dividend of $0.24 per common share to be paid on September 15, 2022 to all stockholders of record as of the close of business August 15, 2022.

About AGCO:

AGCO (NYSE:AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology. AGCO delivers customer value through its differentiated brand portfolio including core brands like Challenger®, Fendt®, GSI®, Massey Ferguson®, Precision Planting® and Valtra®. Powered by Fuse® smart farming solutions, AGCO’s full line of equipment and services help farmers sustainably feed our world. Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of approximately $11.1 billion in 2021. For more information, visit https://www.AGCOcorp.com. For company news, information and events, please follow us on Twitter: @AGCOCorp. For financial news on Twitter, please follow the hashtag #AGCOIR.

Please visit our website at www.agcocorp.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20220712006197/en/

Greg Peterson

Vice President, Investor Relations

(770) 232-8229

greg.peterson@agcocorp.com

Source: AGCO

FAQ

What is the dividend amount declared by AGCO for September 2022?

AGCO declared a quarterly dividend of $0.24 per common share.

When will AGCO's dividend be paid?

The dividend will be paid on September 15, 2022.

What is the record date for AGCO's dividend?

The record date for the dividend is August 15, 2022.

What were AGCO's net sales in 2021?

AGCO reported net sales of approximately $11.1 billion in 2021.

How does AGCO support sustainable agriculture?

AGCO provides precision ag technology and sustainable farming solutions.