AGCO Announces Dividend Increase
OREANDA-NEWS. AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, today announced that it has increased the company’s quarterly dividend to $0.15 per outstanding share, up $0.01 from $0.14 per outstanding share paid last quarter. Payment will be made on March 15, 2018 to all stockholders of record as of the close of business on February 15, 2018.
AGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agricultural solutions and supports more productive farming through its full line of equipment and related services. AGCO products are sold through five core brands, Challenger®, Fendt®, GSI®, Massey Ferguson® and Valtra®, supported by Fuse® precision technologies and farm optimization services, and are distributed globally through a combination of over 3,000 independent dealers and distributors in more than 150 countries. Founded in 1990, AGCO is headquartered in Duluth, GA, USA. In 2016, AGCO had net sales of $7.4 billion.