Ag Growth International Inc. (TSE:AFN) Declares Quarterly Dividend of $0.15

Key Points

• Ag Growth International Inc. declared a quarterly dividend of $0.15 per share, with payment scheduled for October 15th to investors of record as of September 30th.
• The company has a market capitalization of approximately C$740.91 million and operates with a high debt-to-equity ratio of 277.31.
• Ag Growth International manufactures equipment for the agriculture industry, providing a range of products including grain bins and storage tanks.

Ag Growth International Inc. (TSE:AFN - Get Free Report) announced a quarterly dividend on Tuesday, September 16th, RTT News reports. Shareholders of record on Tuesday, September 30th will be given a dividend of 0.15 per share on Wednesday, October 15th. This represents a c) dividend on an annualized basis and a yield of 1.6%.

Ag Growth International Stock Performance

TSE AFN traded down C$0.70 on Friday, reaching C$38.00. 92,013 shares of the stock were exchanged, compared to its average volume of 87,230. Ag Growth International has a one year low of C$30.81 and a one year high of C$55.41. The firm has a market capitalization of C$714.40 million, a PE ratio of -105.56, a PEG ratio of 1.30 and a beta of 1.46. The company's 50-day simple moving average is C$41.53 and its two-hundred day simple moving average is C$38.63. The company has a current ratio of 1.41, a quick ratio of 0.84 and a debt-to-equity ratio of 277.31.

Ag Growth International Company Profile

Ag Growth International Inc, together with its subsidiaries, manufactures and sells equipment for the agriculture industry in Canada, the United States, and internationally. It operates through Farm and Commercial segments. The company offers grain, bolted, hopper, and smooth wall bins; temporary storage; unloads and sweeps systems; water tanks; secondary containment systems; fuel tanks; and storage accessories, as well as mixed flow dryers; fans and heaters; aeration products; vents and exhausters; and stirring systems.