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Agrium Increases Dividend

3:46 PM MDT | June 7, 2012 | Lindsay Frost

Agrium has announced a more than double increase in its dividend. The board approved a 27 ct/share rise to the semi-annual dividend—now 50 cts/share paid July 12 for shareholders on record as of July 1. The increase is due to continued growth and a strong earnings outlook in the company’s retail and wholesale operations, according to president and CEO Mike Wilson. “Agrium is committed to continuing to deliver value-added growth across the value chain and remains confident we can achieve our future growth objectives while also providing the...

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