AGCO ANNOUNCES QUARTERLY DIVIDEND

Rhea-AI Summary

AGCO (NYSE: AGCO), a global leader in agricultural machinery and precision ag technology, announced a regular quarterly dividend of $0.29 per common share. The dividend will be paid on September 16, 2024, to stockholders of record as of August 15, 2024. The Board of Directors' decision reflects AGCO's commitment to returning value to its shareholders and its confidence in the company's financial stability.

Positive

• Quarterly dividend of $0.29 per common share.
• Dividend payment date set for September 16, 2024.
• Record date for shareholders is August 15, 2024.
• Demonstrates AGCO's commitment to returning value to shareholders.

Negative

• None.

DULUTH, Ga., July 11, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that its Board of Directors declared a regular quarterly dividend of $0.29 per common share to be paid on September 16, 2024, to all stockholders of record as of the close of business August 15, 2024.

About AGCO:

AGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology. AGCO delivers value to farmers and OEM customers through its differentiated brand portfolio including core brands like Fendt®, GSI®, Massey Ferguson®, PTx and Valtra®. AGCO's full line of equipment, smart farming solutions and services helps farmers sustainably feed our world. Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of approximately $14.4 billion in 2023. For more information, visit www.agcocorp.com. For company news, information, and events, please follow us on X: @AGCOCorp. For financial news on X, please follow the hashtag #AGCOIR.

Please visit our website at www.agcocorp.com  

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SOURCE AGCO Corporation

FAQ

What is the amount of AGCO's latest quarterly dividend?

AGCO has declared a quarterly dividend of $0.29 per common share.

When will AGCO pay its next dividend?

AGCO will pay the next dividend on September 16, 2024.

What is the record date for AGCO's upcoming dividend?

The record date for AGCO's upcoming dividend is August 15, 2024.

What does AGCO's dividend announcement indicate about the company?

The dividend announcement indicates AGCO's commitment to returning value to shareholders and confidence in its financial stability.