Monsanto board approves dividend of 49 cents per share
St. Louis, Missouri, USA
January 30, 2015
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 April 24, 2015 to shareowners of record on April 2, 2015. It relates to the second 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 2014, Monsanto announced a 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: January 30, 2015 |
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