FMC Corporation Declares Dividend Increase for Fourth Consecutive Year

Rhea-AI Summary

FMC Corporation (NYSE: FMC) announced a quarterly dividend of 53 cents per share, marking a 10% increase. The dividend is payable on January 20, 2022, to shareholders of record by December 31, 2021. This is FMC's fourth consecutive year of dividend growth, reinforcing its commitment to increasing dividends at or above earnings growth. FMC focuses on innovative agricultural solutions to enhance food production while addressing environmental challenges.

Positive

• 10% increase in quarterly dividend to 53 cents per share.
• Fourth consecutive year of dividend growth.
• Commitment to grow dividend at or above earnings growth.

Negative

• None.

PHILADELPHIA, Dec. 16, 2021 /PRNewswire/ -- 

FMC Corporation (NYSE: FMC) announced today that its board of directors declared a regular quarterly dividend of 53 cents per share, a 10% increase, payable on January 20, 2022, to shareholders of record as of the close of business on December 31, 2021. This is the fourth consecutive year FMC has increased its dividend. The company remains committed to growing the dividend at or above the rate of earnings growth moving forward.

About FMC

FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers, crop advisers and turf and pest management professionals to address their toughest challenges economically while protecting the environment. With approximately 6,400 employees at more than 100 sites worldwide, FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet. Visit fmc.com to learn more and follow us on LinkedIn® and Twitter®.

Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995:  This release contains forward-looking statements, which are based on management's current views and assumptions regarding future events, future business conditions and the outlook for the company based on currently available information. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement. These factors include, among other things, the risk factors and other cautionary statements included within FMC's 2020 Form 10-K filed with the SEC as well as other SEC filings and public communications. FMC cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Forward-looking statements are qualified in their entirety by the above cautionary statement. FMC undertakes no obligation, and specifically disclaims any duty, to update or revise any forward-looking statements to reflect events or circumstances arising after the date on which they were made, except as otherwise required by law.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fmc-corporation-declares-dividend-increase-for-fourth-consecutive-year-301446855.html

SOURCE FMC Corporation

FAQ

What is the new dividend amount for FMC Corporation in 2022?

The new dividend amount for FMC Corporation in 2022 is 53 cents per share.

When will FMC Corporation's dividend be paid?

FMC Corporation's dividend will be paid on January 20, 2022.

When is the record date for FMC Corporation's dividend?

The record date for FMC Corporation's dividend is December 31, 2021.

How many years has FMC Corporation increased its dividend?

FMC Corporation has increased its dividend for four consecutive years.

What is FMC Corporation's commitment regarding future dividends?

FMC Corporation is committed to growing its dividend at or above the rate of earnings growth.