AGCO Corp. (AGCO) Raises Quarterly Dividend 25% to $0.20; 0.5% Yield

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AGCO Announces New Capital Allocation Framework

April 22, 2021 5:30 PM EDT

Quarterly Dividend Increased to $0.20 per share
Special Dividend Declared of $4.00 per share

DULUTH, Ga.--(BUSINESS WIRE)-- AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, announced today that it is implementing a new capital return framework to enhance the Companys ability to return cash to shareholders across a variety of market conditions. The new capital return strategy will include AGCOs regular quarterly dividend payments, share repurchases and an annual variable special dividend to return excess... More