Agrium Maintains Dividend

Agrium (NYSE: AGU  ) is keeping its shareholder payout level for now. The company has declared its latest common stock dividend, which is to be $0.50 per share paid on October 17 to shareholders of record as of September 30. That amount matches each of the firm's four previous distributions, the most recent of which was handed out last month.

The company is a relative newcomer to quarterly dividend payments. It only started making its distributions on that basis at the beginning of this year. Previously, it paid them semi-annually.

The just-declared dividend annualizes to an even $2.00 per share. That yields 2.3% at Agrium's most recent closing stock price of $87.26.

Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2587486, ~/Articles/ArticleHandler.aspx, 5/28/2015 4:04:38 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...