Agrium Declares Dividend
CALGARY, ALBERTA--(Marketwire - May 11, 2012) -
ALL AMOUNTS ARE STATED IN U.S.$
The Board of Directors of Agrium Inc. (TSX:AGU) (NYSE: AGU) has declared a dividend of twenty-two and one half cents U.S. per common share to be paid on July 12, 2012 to shareholders of record on July 1, 2012.
All dividends paid by Agrium Inc. are, pursuant to subsection 89(14) of the Income Tax Act, designated as eligible dividends. An eligible dividend paid to a Canadian resident is entitled to the enhanced dividend tax credit.
Agrium Inc. is a major Retail supplier of agricultural products and services in North America, South America and Australia and a leading global Wholesale producer and marketer of all three major agricultural nutrients and the premier supplier of specialty fertilizers in North America through our Advanced Technologies business unit. Agrium's strategy is to grow across the value chain through acquisition, incremental expansion of its existing operations and through the development, commercialization and marketing of new products and international opportunities. Our strategy places particular emphasis on growth opportunities that both increase and stabilize our earnings profile in the continuing transformation of Agrium.