On July 14, 2023, Ag Growth International AFN will distribute a dividend payout of $0.15 per share, equating to an annualized dividend yield of 1.22%. Shareholders who owned the stock before the ex-dividend date on June 29, 2023 will receive this payout.
Ag Growth International Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-06-29 | 4 | $0.15 | 1.22% | 2023-06-21 | 2023-06-30 | 2023-07-14 |
| 2023-03-30 | 4 | $0.15 | 1.05% | 2023-03-07 | 2023-03-31 | 2023-04-14 |
| 2022-12-29 | 4 | $0.15 | 1.4% | 2022-12-19 | 2022-12-30 | 2023-01-13 |
| 2022-09-29 | 4 | $0.15 | 1.72% | 2022-09-22 | 2022-09-30 | 2022-10-14 |
| 2022-06-29 | 4 | $0.15 | 1.95% | 2022-06-21 | 2022-06-30 | 2022-07-15 |
| 2022-03-30 | 4 | $0.15 | 1.66% | 2022-03-09 | 2022-03-31 | 2022-04-15 |
| 2021-12-30 | 4 | $0.15 | 1.99% | 2021-12-17 | 2021-12-31 | 2022-01-14 |
| 2021-09-28 | 4 | $0.15 | 2.11% | 2021-09-20 | 2021-09-30 | 2021-10-15 |
| 2021-06-29 | 4 | $0.15 | 1.63% | 2021-06-18 | 2021-06-30 | 2021-07-15 |
| 2021-03-30 | 4 | $0.15 | 1.44% | 2021-03-16 | 2021-03-31 | 2021-04-15 |
| 2020-12-30 | 4 | $0.15 | 2.03% | 2020-12-22 | 2020-12-31 | 2021-01-15 |
| 2020-09-29 | 4 | $0.15 | 1.72% | 2020-09-15 | 2020-09-30 | 2020-10-15 |
Analyzing Ag Growth International Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed a decline in the company's dividend per share from $0.65 in 2020 to $0.60 in 2022. This downward trend in dividend payouts necessitates a comprehensive investigation to identify the reasons behind the decrease.
YoY Earnings Growth For Ag Growth International
From 2020 to 2022, Ag Growth International has demonstrated an upward trend in earnings, with earnings per share rising from $2.57 to $3.62. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
Recap
In this article, we delve into Ag Growth International's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.15 per share today, resulting in an annualized dividend yield of 1.22%.
Given that Ag Growth International has experienced a decrease in dividend per share from 2020 to 2022 along with an increase in earnings per share, it could indicate that the company is focusing on reinvesting profits into business growth rather than prioritizing dividend distributions.
Investors are encouraged to closely track the company's performance in the upcoming quarters to stay informed of any updates in financials or dividend disbursements.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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