AGCO Corporation (NYSE:AGCO) to Issue $0.30 Quarterly Dividend

AGCO Corporation (NYSE:AGCO) announced a quarterly dividend on Wednesday, July 8th. Stockholders 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) annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend 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 payout ratio of 19.6% indicating that 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%.

AGCO Price Performance

Shares of AGCO opened at $113.65 on Thursday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.57 and a current ratio of 1.29. The company has a 50 day moving average price of $115.27 and a 200-day moving average price of $117.63. AGCO has a fifty-two week low of $99.21 and a fifty-two week high of $143.78. The stock has a market capitalization of $8.23 billion, a PE ratio of 10.96, a PEG ratio of 0.76 and a beta of 1.07.

AGCO (NYSE:AGCO) last issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.50. The company had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.26 billion. AGCO had a net margin of 7.43% and a return on equity of 9.99%. AGCO’s revenue was up 14.3% compared to the same quarter last year. During the same period last year, the company posted $0.41 earnings per share. AGCO has set its FY 2026 guidance at 6.000-6.000 EPS. Equities analysts predict that AGCO will post 6.04 earnings per share for the current fiscal year.

About AGCO

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.