AGCO Announces Dividend Actions
April 28 2022 - 12:30PM
Business Wire
Special Dividend of $4.50 per share
Declared
Quarterly Dividend Increased 20% to $0.24 per
share
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide
manufacturer and distributor of agricultural equipment and
solutions, today announced that its Board of Directors declared a
variable special dividend in the amount of $4.50 per share, payable
on June 21, 2022 to shareholders of record at the close of business
on May 20, 2022. The Company also increased the quarterly dividend
to $0.24 per outstanding share, up $0.04 from $0.20 per outstanding
share paid last quarter. Payment will be made on June 15, 2022 to
all stockholders of record as of the close of business on May 16,
2022.
About AGCO:
AGCO (NYSE:AGCO) is a global leader in the design, manufacture
and distribution of agricultural machinery and precision ag
technology. AGCO delivers customer value through its differentiated
brand portfolio including core brands like Challenger®, Fendt®,
GSI®, Massey Ferguson® Precision Planting® and Valtra®. Powered by
Fuse® smart farming solutions, AGCO’s full line of equipment and
services help farmers sustainably feed our world. Founded in 1990
and headquartered in Duluth, Georgia, USA, AGCO had net sales of
$11.1 billion in 2021. For more information, visit
www.AGCOcorp.com. For company news, information and events, please
follow us on Twitter: @AGCOCorp. For financial news on Twitter,
please follow the hashtag #AGCOIR.
Please visit our website at
www.agcocorp.com
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version on businesswire.com: https://www.businesswire.com/news/home/20220427005682/en/
Greg Peterson Vice President, Investor Relations (770) 232-8229
greg.peterson@agcocorp.com
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