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Agrium Maintains Dividend

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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.

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Eric Volkman

Eric has been writing about stocks and finance since the mid-1990s, when he lived in Prague, Czech Republic. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. A native New Yorker, he currently lives in Los Angeles.

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Related Tickers

11/27/2015 1:00 PM
AGU $97.06 Down -0.06 -0.06%
Agrium, Inc. (USA) CAPS Rating: ****