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AGCO Announces Quarterly Dividend

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dividends
Rhea-AI Summary

AGCO has declared a regular quarterly dividend of $0.16 per common share, payable on March 15, 2021, to stockholders of record as of February 16, 2021. The company continues to be a leader in agricultural equipment and solutions, reporting net sales of approximately $9.0 billion in 2019. AGCO offers a diverse range of products through brands such as Challenger®, Fendt®, GSI®, Massey Ferguson®, and Valtra®, backed by innovative smart farming solutions.

Positive
  • Quarterly dividend of $0.16 per share enhances shareholder income.
  • Strong market position with net sales of approximately $9.0 billion in 2019.
Negative
  • None.

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 $0.16 per common share to be paid on March 15, 2021 to all stockholders of record as of the close of business February 16, 2021.

About AGCO:

AGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agricultural solutions and delivers high-tech solutions for farmers feeding the world through its full line of equipment and related services. AGCO products are sold through five core brands, Challenger®, Fendt®, GSI®, Massey Ferguson® and Valtra®, supported by Fuse® smart farming solutions. Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of approximately $9.0 billion in 2019. For more information, visit http://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

FAQ

What is the dividend amount declared by AGCO for 2021?

AGCO declared a quarterly dividend of $0.16 per common share.

When will AGCO's dividend be paid?

The dividend will be paid on March 15, 2021.

What is the record date for AGCO's dividend?

The record date for AGCO's dividend is February 16, 2021.

How did AGCO perform financially in 2019?

AGCO reported net sales of approximately $9.0 billion in 2019.

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7.34B
62.05M
16.88%
85.35%
4.53%
Farm & Heavy Construction Machinery
Farm Machinery & Equipment
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United States of America
DULUTH