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AGCO, a leader in agricultural equipment, announced a quarterly dividend of $0.20 per common share. This dividend will be paid on March 15, 2022, to stockholders of record as of February 15, 2022. Founded in 1990 and based in Duluth, Georgia, AGCO reported net sales of approximately $9.1 billion in 2020. The company, known for its brands like Challenger and Massey Ferguson, aims to provide sustainable solutions for farmers globally.
Positive
Quarterly dividend of $0.20 enhances shareholder income.
Strong sales performance with net sales of $9.1 billion in 2020.
Negative
None.
DULUTH, Ga.--(BUSINESS WIRE)--
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, announced that its Board of Directors declared a regular quarterly dividend of $0.20 per common share to be paid on March 15, 2022 to all stockholders of record as of the close of business February 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 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.
