Monsanto (MON) Raises Quarterly Dividend 10.2% to $0.54; 2.1% Yield

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Monsanto Board Approves Increase in Quarterly Dividend to 54 Cents Per Share

August 4, 2015 12:00 PM EDT

ST. LOUIS--(BUSINESS WIRE)-- Monsanto Company (NYSE: MON) announced today that its Board of Directors declared a quarterly dividend on its common stock of 54 cents per share. The dividend relates to the companys fourth quarter of its 2015 fiscal year and is payable on October 30, 2015, to shareowners of record on October 9, 2015.

The increase in our quarterly dividend underscores Monsantos continued commitment of returning value to our shareowners, said Pierre Courduroux, senior vice president and chief financial officer for Monsanto. Monsanto has increased its dividend six times since the end of fiscal year 2010,... More