Adecoagro Declares $0.10 Cash Dividend
Ticker: AGRO · Form: 6-K · Filed: May 3, 2024 · CIK: 1499505
| Field | Detail |
|---|---|
| Company | Adecoagro S.A. (AGRO) |
| Form Type | 6-K |
| Filed Date | May 3, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $17.5 million, $0.1682 |
| Sentiment | neutral |
Sentiment: neutral
Topics: dividend, cash-dividend, shareholder-return
TL;DR
Adecoagro is paying out $0.10 per share on May 23rd. Good for shareholders.
AI Summary
Adecoagro S.A. announced on May 3, 2024, the declaration of cash dividends. The company will pay a dividend of $0.10 per common share to shareholders of record as of May 16, 2024. The payment date for this dividend is scheduled for May 23, 2024.
Why It Matters
This dividend declaration signals Adecoagro's confidence in its financial performance and its commitment to returning value to shareholders.
Risk Assessment
Risk Level: low — The filing is a routine announcement of a cash dividend, which is a standard corporate action.
Key Numbers
- $0.10 — Cash Dividend per Share (Amount to be paid to shareholders.)
Key Players & Entities
- Adecoagro S.A. (company) — Registrant
- May 3, 2024 (date) — Announcement Date
- $0.10 (dollar_amount) — Dividend per share
- May 16, 2024 (date) — Record Date
- May 23, 2024 (date) — Payment Date
FAQ
What is the amount of the cash dividend declared by Adecoagro S.A.?
Adecoagro S.A. declared a cash dividend of $0.10 per common share.
On what date was the cash dividend announced?
The cash dividend was announced on May 3, 2024.
Who is eligible to receive the dividend?
Shareholders of record as of May 16, 2024, are eligible to receive the dividend.
When will the declared cash dividend be paid?
The cash dividend will be paid on May 23, 2024.
What type of filing is this report?
This report is a Form 6-K, a Report of Foreign Private Issuer pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934.
Filing Stats: 323 words · 1 min read · ~1 pages · Grade level 12.4 · Accepted 2024-05-03 16:18:05
Key Financial Figures
- $17.5 million — pproved a cash dividend distribution of $17.5 million that represents approximately $0.1682 p
- $0.1682 — 5 million that represents approximately $0.1682 per share considering outstanding share
Filing Documents
- cashdividendsannouncement1.htm (6-K) — 24KB
- 0001628280-24-020303.txt ( ) — 25KB
From the Filing
Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of May 2024 Commission File Number 001-35052 Adecoagro S.A. (Translation of registrant's name into English) Vertigo Naos Building 6, Rue Eugne Ruppert, L-2453, Luxembourg Grand Duchy of Luxembourg (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F Form 20-F X Form 40-F TABLE OF CONTENTS ITEM 1. Press Release dated May 3, 2024 titled "Adecoagro announces declaration of cash dividends" SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Adecoagro S.A. By s Emilio Federico Gnecco Name Emilio Federico Gnecco Title Chief Financial Officer Date May 3, 2024 Adecoagro announces declaration of cash dividends LUXEMBOURG, May 3, 2024PRNewswire -- Adecoagro S.A. (NYSE AGRO), a leading sustainable production company in South America, announced its Board of Directors has approved a cash dividend distribution of $17.5 million that represents approximately $0.1682 per share considering outstanding shares as of today, to shareholders of the Company of record at close of business on May 14, 2024, and payable on May 29, 2024. This dividend distribution is the first of a two-tranche cash dividend payable in two installments. The second installment shall be payable on or about November 2024 in an equal cash amount. For questions please contact Victoria Cabello IR Officer Email iradecoagro.com About Adecoagro Adecoagro is a leading sustainable production company in South America. Adecoagro owns 213.5 thousand hectares of farmland and several industrial facilities spread across the most productive regions of Argentina, Brazil and Uruguay, where it produces over 2.8 million tons of agricultural products and over 1 million MWh of renewable electricity.