AGCO Corporation (AGCO) to Distribute Quarterly Dividend of $0.30 on September 15th

AGCO Corporation (NYSE:AGCO) announced a quarterly dividend on Wednesday, July 8th. Shareholders of record on Friday, August 14th will be given a dividend of 0.30 per share by the industrial products company on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, August 14th.

AGCO has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 12 consecutive years. AGCO has a dividend payout ratio of 19.6% meaning its dividend is sufficiently covered by earnings. Analysts expect AGCO to earn $7.54 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 15.9%.

AGCO Trading Up 0.7%

NYSE AGCO opened at $101.55 on Wednesday. The firm has a market capitalization of $7.11 billion, a price-to-earnings ratio of 14.05, a PEG ratio of 0.83 and a beta of 1.08. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.58 and a current ratio of 1.32. AGCO has a one year low of $99.21 and a one year high of $143.78. The company’s 50 day moving average price is $113.37 and its 200 day moving average price is $118.15.

AGCO (NYSE:AGCO) last released its quarterly earnings data on Thursday, July 30th. The industrial products company reported $1.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.46 by ($0.03). The business had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.75 billion. AGCO had a return on equity of 10.09% and a net margin of 5.15%.AGCO’s revenue was down 1.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.35 EPS. AGCO has set its FY 2026 guidance at 5.500-5.750 EPS. On average, sell-side analysts predict that AGCO will post 5.58 EPS for the current year.

AGCO Company Profile

AGCO Corporation is a global leader in the design, manufacture and distribution of agricultural machinery and precision farming solutions. Headquartered in Duluth, Georgia, the company markets a diverse portfolio of well-known brands, including Massey Ferguson, Fendt, Challenger, Valtra and GSI, serving farmers and producers in North America, South America, Europe, the Middle East, Africa and Asia Pacific. Through an extensive dealer network, AGCO provides equipment tailored to a broad range of crop and livestock operations.

The company’s product offerings span tractors, combine harvesters, hay and forage tools, application equipment, seeding and tillage implements, as well as grain storage and protein solutions.