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Adecoagro announces declaration of cash dividends

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Adecoagro S.A. approves cash dividend distribution of $17.5 million, representing $0.16486555 per share, payable on November 24, 2023.
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  • Adecoagro S.A. approves cash dividend distribution of $17.5 million, representing $0.16486555 per share, payable on November 24, 2023.
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LUXEMBOURG, Oct. 27, 2023 /PRNewswire/ -- Adecoagro S.A. (NYSE: AGRO), a leading sustainable production company in South America, announced its Board of Directors has approved a cash dividend distribution of $17.5 million that represents approximately $0.16486555 per share considering outstanding shares as of today, to shareholders of the Company of record at close of business on November 9, 2023, and payable on November 24, 2023.

This dividend distribution is the second of a two-tranche cash dividend payable in two installments. The first installment was paid on May 24, 2023, in an equal cash amount, resulting in an annual cash dividend of $35 million.

For questions please contact:
Victoria Cabello
IR Officer
Email: ir@adecoagro.com

About Adecoagro:

Adecoagro is a leading sustainable production company in South America. Adecoagro owns over 219.8 thousand hectares of farmland and several industrial facilities spread across the most productive regions of Argentina, Brazil and Uruguay, where it produces over 2.8 million tons of agricultural products and over 1 million MWh of renewable electricity.

Cision View original content:https://www.prnewswire.com/news-releases/adecoagro-announces-declaration-of-cash-dividends-301970479.html

SOURCE Adecoagro S.A.

Adecoagro S.A. has approved a cash dividend distribution of $17.5 million.

The cash dividend will be payable on November 24, 2023.

The dividend per share is approximately $0.16486555.

The annual cash dividend amounted to $35 million.
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Adecoagro S.A.

NYSE:AGRO

AGRO Rankings

#2306 Ranked by Market Cap
#778 Ranked by Stock Gains
#1131 Ranked by Dividends

AGRO Latest News

Apr 26, 2024
Adecoagro announces the filing of its form 20-F for fiscal year 2023
Mar 14, 2024
Beating all-time records; Adjusted EBITDA was $476.6 million in 2023, 10.1% higher YoY, while NCFO increased 24.5% YoY to $175.9 million.
Nov 13, 2023
Adecoagro S.A.: Adjusted EBITDA reached $155.3 million in 3Q23, 27.0% higher year-over-year. Crushing volume at an all-time record. Second installment of the $35 million cash dividend to be paid in November.
Aug 17, 2023
Adjusted EBITDA reached $136.3 million in 2Q23 and $225.5 million in 6M23, 15.2% and 10.1% higher year-over-year, respectively. Diversified model continues to pay off.
May 11, 2023
Adjusted EBITDA in 1Q23 was $89 million, 3.4% higher year-over- year despite unprecedented drought in Argentina. Adecoagro approved cash dividends of $35 million.

AGRO Stock Data

Sugarcane Farming
Agriculture, Forestry, Fishing and Hunting
Link
Process Industries, Agricultural Commodities/Milling, Agriculture, Forestry, Fishing and Hunting, Sugarcane Farming
Luxembourg
6 Rue Eugene Ruppert

About AGRO

leading agricultural company in south america, with operations in argentina, brazil and uruguay. it is currently involved in a broad range of businesses, including farming crops and other agricultural products, cattle and dairy operations, sugar, ethanol and energy production and land transformation.