Nutrien Ltd. (TSE:NTR) to Issue $0.55 Quarterly Dividend

Key Points

• Nutrien Ltd. has announced a quarterly dividend of $0.55 per share, with stockholders of record to be paid on October 17th.
• The company's stock recently traded down to C$79.73, with a market capitalization of C$27.45 billion and a P/E ratio of 37.54.
• Insider trading activity includes senior officer Christopher Reynolds selling nearly 6,858 shares and director Kenneth Alvin Seitz selling 29,326 shares earlier this year.

Nutrien Ltd. (TSE:NTR - Get Free Report) declared a quarterly dividend on Wednesday, August 6th, RTT News reports. Stockholders of record on Monday, September 29th will be paid a dividend of 0.545 per share on Friday, October 17th. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%.

Nutrien Stock Performance

Shares of NTR traded down C$1.69 during mid-day trading on Wednesday, reaching C$79.73. The company had a trading volume of 1,237,436 shares, compared to its average volume of 1,675,300. The stock has a 50 day moving average of C$82.23 and a two-hundred day moving average of C$77.27. The stock has a market capitalization of C$27.45 billion, a P/E ratio of 37.54, a PEG ratio of 1.15 and a beta of 0.95. Nutrien has a 52-week low of C$60.74 and a 52-week high of C$88.03. The company has a quick ratio of 0.65, a current ratio of 1.27 and a debt-to-equity ratio of 59.10.

Insiders Place Their Bets

In related news, Senior Officer Christopher Reynolds sold 6,858 shares of the company's stock in a transaction dated Monday, June 16th. The stock was sold at an average price of C$85.37, for a total value of C$585,448.26. Also, Director Kenneth Alvin Seitz sold 29,326 shares of the company's stock in a transaction on Friday, June 13th. The stock was sold at an average price of C$84.32, for a total transaction of C$2,472,768.32. In the last 90 days, insiders have purchased 1,323 shares of company stock valued at $105,390 and have sold 42,822 shares valued at $3,632,828. Insiders own 0.03% of the company's stock.

Nutrien Company Profile

Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrientsnitrogen, potash, and phosphatealthough its main focus is potash, where it is the global leader in installed capacity with roughly 20% share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.

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