USA | Dividends

Monsanto Board Approves Dividend of 43 Cents Per Share

Monsanto Company today announced that its Board of Directors declared a quarterly dividend on its common stock of 43 cents per share.

12/9/2013

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Monsanto Company today announced that its Board of Directors declared a quarterly dividend on its common stock of 43 cents per share. The dividend is payable on Jan. 31, 2014 to shareowners of record on Jan. 10, 2014. It relates to the first quarter of the company’s 2014 fiscal year.

“Our quarterly dividend continues Monsanto’s ongoing commitment to return value to our shareowners,” said Pierre Courduroux, Monsanto chief financial officer. “Over the last year, we’ve reinforced our commitment to use the company’s strong cash-generating capabilities to support our key growth objectives while also returning substantial value to our owners.”

Along with the company’s share repurchase program, dividends form an important element of the company’s enhanced focus on progressive cash deployment. Through its increased dividend and an enhanced share repurchase authorization, in fiscal-year 2013 Monsanto returned approximately $1.9 billion to owners – reflecting nearly the full amount of the company’s free-cash generation for the year.