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Nutrien Declares Quarterly Dividend of US$0.53 per Share
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dividends
Rhea-AI Summary
Nutrien Ltd. (TSX and NYSE: NTR) has declared a quarterly dividend of US$0.53 per share payable on January 12, 2024. Registered shareholders in Canada and beneficial holders through CDS Clearing and Depositary Services Inc. or its nominee will receive dividends in Canadian dollars. Registered shareholders outside of Canada and beneficial holders through The Depository Trust Company or its nominee will receive dividends in US dollars. Nutrien offers registered shareholders the option to change the currency of their dividend payments and enroll for direct deposit.
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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 January 12, 2024, to shareholders of record on December 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 December 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.
What is the dividend amount declared by Nutrien Ltd.?
The dividend amount declared by Nutrien Ltd. is US$0.53 per share.
When will the dividend be paid?
The dividend will be paid on January 12, 2024.
Who will receive dividends in Canadian dollars?
Registered shareholders in Canada and beneficial holders through CDS Clearing and Depositary Services Inc. or its nominee will receive dividends in Canadian dollars.
Who will receive dividends in US dollars?
Registered shareholders outside of Canada and beneficial holders through The Depository Trust Company or its nominee will receive dividends in US dollars.
Can registered shareholders change the currency of their dividend payments?
Yes, registered shareholders of Nutrien can elect to change the currency of their dividend payments to US dollars or Canadian dollars.
How can registered shareholders enroll for direct deposit?
Registered shareholders can enroll for direct deposit by contacting Nutrien's registrar and transfer agent, Computershare Investor Services Inc.
What are eligible dividends?
All dividends paid by Nutrien are designated as eligible dividends under subsection 89(14) of the Income Tax Act (Canada).
Where can I find more information about dividends?
For further details, please visit www.nutrien.com/investors/shareholder-information/dividends.
