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American Vanguard Declares Quarterly Dividend

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American Vanguard Corp. (NYSE:AVD) has declared a $0.02 cash dividend to be paid on April 15, 2021, to shareholders of record by March 25, 2021. Chairman and CEO Eric Wintemute highlighted this dividend as a continuation of their commitment to provide cash returns, indicating confidence in the company's business model and growth strategies. The total cash dividend for 2021 amounts to $0.04, consistent with 2020 but lower than $0.08 in 2019. The company remains focused on expanding its market presence in agricultural productivity and sustainability.

Positive
  • Declaring a $0.02 cash dividend indicates ongoing shareholder returns.
  • The total dividend payment for 2021 is $0.04, demonstrating stability and commitment to shareholders.
  • Chairman expresses confidence in business model and strategic growth initiatives.
Negative
  • Dividend per share decreased from $0.08 in 2019 to $0.04 in 2021.

American Vanguard Corp. (NYSE:AVD) announced that its Board of Directors has declared a $0.02 cash dividend payment to be distributed on April 15, 2021 to shareholders of record as of March 25, 2021.

Eric Wintemute, Chairman and CEO of American Vanguard, stated, “This dividend payment continues our history of providing cash returns to shareholders based on successful operational and financial performance. It reflects the confidence that the Board of Directors has in the strength of our business model and our longer-term strategic growth initiatives in biological product development, geographic market expansion, consumer pest control and SIMPAS precision application technology. We appreciate the support of our shareholders as we develop and deliver important solutions that enhance agricultural productivity, safeguard public health and facilitate environmental sustainability.”

Annual Cash Dividend Payments: Based on Date of Cash Distribution

2021 - - Payments in 2021 (including pending payment) . . . . . . . . . . . .$0.040

2020 - - Full Calendar Year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.040

2019 - - Full Calendar Year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.080

2018 - - Full Calendar Year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.075

2017 - - Full Calendar Year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.055

2016 - - Full Calendar Year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.020

About American Vanguard

American Vanguard Corporation is a diversified specialty and agricultural products company that develops and markets products for crop protection and management, turf and ornamentals management and public and animal health. American Vanguard is included on the Russell 2000® & Russell 3000® Indexes and the Standard & Poors Small Cap 600 Index. To learn more about American Vanguard, please reference the Company’s web site at www.american-vanguard.com.

In its public commentary, the Company may discuss forward-looking information. Except for the historical information contained in this release, all forward-looking statements are estimates by the Company’s management subject to various risks and uncertainties that may cause results to differ from management’s current expectations. Such factors include weather conditions, changes in regulatory policy and other risks as detailed in the Company’s SEC reports and filings. All forward-looking statements, if any, in this release represent the Company’s judgment as of the date of this release.

FAQ

What is the amount of the dividend declared by American Vanguard (AVD)?

American Vanguard declared a dividend of $0.02 per share.

When will the dividend payment be made to shareholders of American Vanguard (AVD)?

The dividend payment will be made on April 15, 2021.

What was the total cash dividend paid by American Vanguard (AVD) in 2021?

The total cash dividend paid by American Vanguard in 2021 is $0.04.

How does the 2021 dividend compare to previous years for American Vanguard (AVD)?

The 2021 dividend of $0.04 is lower than $0.08 in 2019 and $0.075 in 2018.

What are the strategic initiatives mentioned by American Vanguard (AVD)?

American Vanguard is focusing on biological product development, geographic market expansion, and precision application technology.

American Vanguard Corporation

NYSE:AVD

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Agricultural Inputs
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