AGCO Corporation (NYSE:AGCO) Declares Quarterly Dividend of $0.30

Key Points

• AGCO declared a quarterly dividend of $0.30 per share (a 3.4% increase from $0.29) with an ex-dividend/record date of May 15 and payment on June 15, implying an annual dividend of $1.16 and a yield of about 1.0%.
• The dividend appears sustainable: AGCO has raised its payout for 12 consecutive years, has a low payout ratio (18.9% currently, an expected ~14.4% next year based on analyst EPS estimates), and recently beat quarterly EPS and revenue estimates while guiding FY26 EPS to $5.50–$6.00.

AGCO Corporation (NYSE:AGCO - Get Free Report) announced a quarterly dividend on Thursday, April 23rd. Shareholders of record on Friday, May 15th will be given a dividend of 0.30 per share by the industrial products company on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, May 15th. This is a 3.4% increase from AGCO's previous quarterly dividend of $0.29.

AGCO has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 12 consecutive years. AGCO has a payout ratio of 18.9% indicating that its dividend is sufficiently covered by earnings. Analysts expect AGCO to earn $8.07 per share next year, which means the company should continue to be able to cover its $1.16 annual dividend with an expected future payout ratio of 14.4%.

AGCO Stock Performance

AGCO opened at $119.57 on Friday. The company has a market capitalization of $8.66 billion, a price-to-earnings ratio of 12.26, a price-to-earnings-growth ratio of 0.85 and a beta of 1.16. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.39 and a quick ratio of 0.67. AGCO has a 1-year low of $82.06 and a 1-year high of $143.78. The business has a 50 day moving average price of $123.05 and a two-hundred day moving average price of $114.29.

AGCO (NYSE:AGCO - Get Free Report) last released its earnings results on Thursday, February 5th. The industrial products company reported $2.17 earnings per share for the quarter, topping analysts' consensus estimates of $1.85 by $0.32. AGCO had a return on equity of 9.39% and a net margin of 7.21%.The firm had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.67 billion. During the same period in the prior year, the firm posted $1.97 earnings per share. The firm's revenue for the quarter was up 1.1% compared to the same quarter last year. AGCO has set its FY 2026 guidance at 5.500-6.000 EPS. Research analysts predict that AGCO will post 5.74 EPS for the current fiscal year.

AGCO Company Profile

AGCO Corporation is a global leader in the design, manufacture and distribution of agricultural machinery and precision farming solutions. Headquartered in Duluth, Georgia, the company markets a diverse portfolio of well-known brands, including Massey Ferguson, Fendt, Challenger, Valtra and GSI, serving farmers and producers in North America, South America, Europe, the Middle East, Africa and Asia Pacific. Through an extensive dealer network, AGCO provides equipment tailored to a broad range of crop and livestock operations.

The company's product offerings span tractors, combine harvesters, hay and forage tools, application equipment, seeding and tillage implements, as well as grain storage and protein solutions.

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