Agrium (AGU) Raises Quarterly Dividend 12% to $0.875; 3.4% Yield

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Agrium's First Quarter Affected by Delayed Start to U.S. Spring Season; Announces Dividend Increase of 12 Percent

May 5, 2015 7:41 PM EDT

CALGARY, ALBERTA -- (Marketwired) -- 05/05/15 -- ALL AMOUNTS ARE STATED IN U.S.$

Agrium Inc. (TSX: AGU) (NYSE: AGU) announced today its 2015 first quarter earnings results, with net earnings of $14-million ($0.08 diluted earnings per share) this quarter compared to $3-million ($0.02 diluted earnings per share) in the first quarter of 2014. The higher earnings were supported by strong margins and operating rates for nitrogen products in Wholesale, while some first quarter Retail earnings were pushed into the second quarter as a result of the delayed start to the... More