Nutrien Declares Quarterly Dividend of US$0.48 per Share

Rhea-AI Summary

Nutrien Ltd (TSX and NYSE: NTR) has declared a quarterly dividend of US$0.48 per share, payable on January 13, 2023, to shareholders of record on December 30, 2022. Shareholders registered in Canada will receive dividends in Canadian dollars based on the Bank of Canada's exchange rate, while U.S. shareholders will receive them in U.S. dollars. Nutrien allows shareholders to change their dividend currency and offers options for direct deposit. All dividends are designated as eligible dividends under Canadian tax law.

Positive

• Quarterly dividend of US$0.48 demonstrates commitment to returning capital to shareholders.
• Allows currency choice for dividends, enhancing shareholder flexibility.

Negative

• None.

SASKATOON, Saskatchewan--(BUSINESS WIRE)-- Nutrien Ltd (TSX and NYSE: NTR) announced today that its Board of Directors has declared a quarterly dividend of US$0.48 per share payable on January 13, 2023, to shareholders of record on December 30, 2022.

Registered shareholders who are residents of Canada as reflected in Nutrien's shareholders register, as well as beneficial holders (i.e., shareholders who hold their common shares through a broker or other intermediary) whose intermediary is a participant in CDS Clearing and Depositary Services Inc. or its nominee, CDS & Co., will receive their dividend in Canadian dollars, calculated based on the Bank of Canada daily average exchange rate on December 30, 2022. Registered shareholders resident outside of Canada as reflected in Nutrien's shareholders register, including the United States, as well as beneficial holders whose intermediary is a participant in The Depository Trust Company or its nominee, Cede & Co., will receive their dividend in US dollars. However, registered shareholders of Nutrien may elect to change the currency of their dividend payments to US dollars or Canadian dollars, as applicable. In addition, Nutrien offers registered shareholders direct deposit by electronic funds transfer for dividend payments.

Registered shareholders may elect to change the currency of their dividend and enroll for direct deposit by contacting, Nutrien’s registrar and transfer agent, Computershare Investor Services Inc., directly (1-800-564-6253 or service@computershare.com). Beneficial shareholders should contact their broker or other intermediary to determine the ability and necessary steps involved in an election to change the currency of their dividend payment. For further details, please visit www.nutrien.com/investors/shareholder-information/dividends.

All dividends paid by Nutrien are, pursuant to subsection 89(14) of the Income Tax Act (Canada), designated as eligible dividends.

About Nutrien

Nutrien is the world's largest provider of crop inputs and services, playing a critical role in helping growers increase food production in a sustainable manner. We produce and distribute approximately 27 million tonnes of potash, nitrogen and phosphate products world-wide. With this capability and our leading agriculture retail network, we are well positioned to supply the needs of our customers. We operate with a long-term view and are committed to working with our stakeholders as we address our economic, environmental and social priorities. The scale and diversity of our integrated portfolio provides a stable earnings base, multiple avenues for growth and the opportunity to return capital to shareholders.

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Investor Relations

Jeff Holzman

Vice President, Investor Relations

(306) 933-8545



Media Relations

Megan Fielding

Vice President, Brand & Culture Communications

(403) 797-3015



Contact us at: www.nutrien.com

Source: Nutrien Ltd.

FAQ

What is the dividend amount declared by Nutrien Ltd?

Nutrien Ltd has declared a quarterly dividend of US$0.48 per share.

When will the dividend be paid?

The dividend will be paid on January 13, 2023.

What is the record date for the dividend payment?

The record date for the dividend payment is December 30, 2022.

In which currency will Canadian shareholders receive their dividends?

Canadian shareholders will receive their dividends in Canadian dollars.

Can shareholders choose the currency of their dividend payments?

Yes, registered shareholders can elect to receive dividends in either US dollars or Canadian dollars.