Monsanto's Board of Directors approves dividend of 49 cents per share
St. Louis, Missouri, USA
December 8, 2014
Monsanto Company (NYSE: MON) today announced that its Board of Directors declared a quarterly dividend on its common stock of 49 cents per share. The dividend is payable on Jan. 30, 2015 to shareowners of record on Jan. 9, 2015. It relates to the first quarter of the company’s 2015 fiscal year.
Monsanto’s capital allocation approach revolves around providing direct return through dividends and share repurchases, as well as using cash for strategic investments in its business. In June, Monsanto announced a new two-year $10 billion share repurchase authorization, including $6 billion in a near-term accelerated share repurchase program currently in progress.
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Website: http://www.monsanto.com Published: December 8, 2014 |
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