IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Agricultural chemicals

Monsanto Increases Dividend

2:22 PM MST | January 14, 2009 | Vincent Valk

Monsanto will raise its dividend by 10% to 26.5 cts/share from 24 cts/share, the company says. The dividend relates to the second quarter of the company’s 2009 fiscal year, and is payable on April 24, 2009 to shareholders of record as of April 3, 2009. "As we have often said, when farmers succeed we succeed, and we are pleased to share our company's continued success with our shareowners through the increase of our quarterly dividend," says CFO Terry Crews. "The combination of our company's performance, our financial discipline and the...

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