Adecoagro announces declaration of cash dividends
Adecoagro (NYSE: AGRO) has announced its second cash dividend distribution of $17.5 million, equivalent to approximately $0.1740 per share.
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Rhea-AI Summary
Adecoagro (NYSE: AGRO) has announced its second cash dividend distribution of $17.5 million, equivalent to approximately $0.1740 per share. The dividend will be paid to shareholders of record as of November 12, 2024, with payment scheduled for November 27, 2024. This represents the second tranche of a two-installment dividend plan, with the first equal payment made on May 29, 2024, bringing the total annual dividend to $35 million.
Positive
- Total annual dividend distribution of $35 million
- Consistent dividend payments maintained through two-tranche system
- Per share dividend of $0.1740 for current distribution
Negative
- None.
Details
News Market Reaction – AGRO
The recorded move for AGRO in the trading session of this news was +1.33%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
This dividend distribution is the second of a two-tranche cash dividend payable in two installments. The first installment was paid on May 29, 2024, in an equal cash amount, resulting in an annual cash dividend of
About Adecoagro:
Adecoagro is a leading sustainable production company in
View original content:https://www.prnewswire.com/news-releases/adecoagro-announces-declaration-of-cash-dividends-302294495.html
SOURCE Adecoagro S.A.
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