AGCO Corporation (AGCO) To Go Ex-Dividend on August 14th

AGCO Corporation (NYSE:AGCO – Get Free Report) declared a quarterly dividend on Wednesday, July 8th. Stockholders of record on Friday, August 14th will be paid 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 dividend yield of 1.1%. The ex-dividend date is Friday, August 14th.

AGCO has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 12 years. AGCO has a dividend payout ratio of 19.6% meaning its dividend is sufficiently covered by earnings. Equities analysts expect AGCO to earn $8.05 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 14.9%.

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AGCO Trading Down 0.3%

Shares of AGCO stock opened at $113.38 on Friday. AGCO has a 1 year low of $99.21 and a 1 year high of $143.78. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.29 and a quick ratio of 0.57. The business has a 50 day moving average price of $115.23 and a 200 day moving average price of $117.68. The company has a market capitalization of $8.21 billion, a P/E ratio of 10.93, a P/E/G ratio of 0.76 and a beta of 1.07.

AGCO (NYSE:AGCO – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.50. AGCO had a return on equity of 9.99% and a net margin of 7.43%.The company had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter last year, the business posted $0.41 earnings per share. AGCO’s revenue was up 14.3% compared to the same quarter last year. AGCO has set its FY 2026 guidance at 6.000-6.000 EPS. Sell-side analysts anticipate that AGCO will post 6.04 EPS for the current fiscal year.

AGCO Company Profile

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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.

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