Nutrien Declares Quarterly Dividend of US$0.53 per Share

Rhea-AI Summary

Nutrien Ltd. declares a quarterly dividend of US$0.53 per share payable on October 13, 2023, to shareholders of record on September 29, 2023. Dividends will be paid in Canadian dollars for registered shareholders in Canada and in US dollars for registered shareholders outside of Canada. Shareholders have the option to change the currency of their dividend payments.

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• Nutrien declares a quarterly dividend of US$0.53 per share, providing a steady income stream for shareholders.
• Registered shareholders have the option to change the currency of their dividend payments.

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• 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$0.53 per share payable on October 13, 2023, to shareholders of record on September 29, 2023.

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 September 29, 2023. 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, helping to safely and sustainably feed a growing world. We operate a world-class network of production, distribution and retail facilities that positions us to efficiently serve the needs of growers. We focus on creating long-term value for all stakeholders by advancing our key environmental, social and governance priorities.

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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

When is the dividend payable?

The dividend is payable on October 13, 2023.

What is the amount of the dividend?

The dividend amount is US$0.53 per share.

How can registered shareholders change the currency of their dividend payments?

Registered shareholders can contact Nutrien's registrar and transfer agent, Computershare Investor Services Inc., directly to change the currency of their dividend payments.

Are the dividends eligible for tax benefits?

Yes, all dividends paid by Nutrien are designated as eligible dividends under the Income Tax Act (Canada).