AGCO Announces Quarterly Dividend

Rhea-AI Summary

AGCO, a leader in agricultural machinery, announced a quarterly dividend of $0.20 per common share. This dividend will be paid on December 15, 2021, to shareholders recorded by the close of business on November 15, 2021. The company, headquartered in Duluth, Georgia, reported net sales of approximately $9.1 billion in 2020, delivering customer value through brands like Challenger and Massey Ferguson.

Positive

• Quarterly dividend of $0.20 per share reflects confidence in financial health.
• Strong sales of approximately $9.1 billion in 2020 indicates robust market position.

Negative

• None.

DULUTH, Ga.--(BUSINESS WIRE)-- AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural machinery and precision ag technology, announced that its Board of Directors declared a regular quarterly dividend of $0.20 per common share to be paid on December 15, 2021 to all stockholders of record as of the close of business November 15, 2021.

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 and Valtra. Powered by Fuse® smart farming solutions, AGCO’s full line of equipment and services helps farmers sustainably feed our world. Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of approximately $9.1 billion in 2020. For more information, visit 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/20211021005779/en/

Greg Peterson

Vice President, Investor Relations

(770) 232-8229

greg.peterson@agcocorp.com

Source: AGCO

FAQ

What is the AGCO dividend amount for December 2021?

The AGCO dividend amount for December 2021 is $0.20 per common share.

When is the AGCO dividend payment date?

The AGCO dividend payment date is December 15, 2021.

What is the record date for the AGCO dividend?

The record date for the AGCO dividend is November 15, 2021.

How often does AGCO pay dividends?

AGCO typically pays dividends quarterly.

Is the AGCO dividend sustainable?

The sustainability of AGCO's dividend depends on its ongoing financial performance.