STOCK TITAN
  1. Home
  2. News
  3. AGRO

Adecoagro announces declaration of cash dividends

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

LUXEMBOURG, April 21, 2022 /PRNewswire/ -- Adecoagro S.A. (the "Company") (NYSE: AGRO), one of the leading agro-industrial companies in South America, announced today its Board of Directors has approved a cash dividend distribution of $17.5 million that represents approximately

$0.1571 per share considering outstanding shares as of today, to shareholders of the Company of record at close of business on May 2, 2022, payable on May 17, 2022.

This dividend distribution is the first of a two-tranche cash dividend payable in two installments. The second installment shall be payable in or about November 2022 in an equal cash amount.

A Luxembourg withholding tax of 15% will be applied to each installment of the gross cash dividend distribution amount.

For questions please contact:
Victoria Cabello
IR Manager
Email: ir@adecoagro.com 
Tel: +54 (11) 4836-8651
Skype: +54 (11) 4836-8651

About Adecoagro:

Adecoagro is a leading agro-industrial 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 2.7 million tons of agricultural products and over 1 million MWh of bioelectricity, among others.

 

Cision View original content:https://www.prnewswire.com/news-releases/adecoagro-announces-declaration-of-cash-dividends-301530392.html

SOURCE Adecoagro S.A.

Stock AGRO logo
Adecoagro S.A.

NYSE:AGRO

AGRO Rankings

#2408 Ranked by Market Cap
#778 Ranked by Stock Gains
#1030 Ranked by Dividends

AGRO Latest News

May 16, 2024
Adjusted EBITDA of $90.1 million. Solid crushing pace and Farming yield normalization. $35 million cash dividend during 2024.
May 3, 2024
Adecoagro announces declaration of cash dividends
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.

AGRO Stock Data

1.07B
59.53M
73.52%
0.71%
Sugarcane Farming
Agriculture, Forestry, Fishing and Hunting
Link
United States of America
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.