Dividend Growth of AGCO Corporation(AGCO)

AGCO Corporation(AGCO) is having a Dividend Yield of 0.87% with the Annual cash Dividend per share of $0.52. The last quarter cash dividend per share pay out was $0.13. AGCO Corporation has a 5 year average dividend yield of 0.71% and the stock has a Indicated annual dividend of $0.56. AGCO Corporation(AGCO) formally announced its most recent dividend on January 27, 2017 with a Dividend per share of $0.14. The new indicated annual dividend based on announced dividend per share is $0.56. The dividend yield based on the forward looking indicated annual dividend is 0.87%. AGCO Corporation(AGCO) has the most recent dividend payout ratio of 0.21 with a 5-year average payout ratio of 0.1. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.11. The 5 year historical dividend growth of AGCO Corporation(AGCO) is at the rate of 8.57% while the R-Squared dividend growth is 0.94. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

AGCO Corporation (NYSE:AGCO) witnessed a decline in the market cap on Thursday as its shares dropped 1.04% or 0.67 points. After the session commenced at $64.46, the stock reached the higher end at $64.46 while it hit a low of $63.5. With the volume soaring to 791,473 shares, the last trade was called at $63.81. The company has a 52-week high of $64.9. The company has a market cap of $5,122 million and there are 80,266,681 shares in outstanding. The 52-week low of the share price is $43.79. AGCO Corporation has dropped 0.58% in the last five trading days, however, the shares have posted positive gains of 3.63% in the last 4 weeks. AGCO Corporation is up 19.02% in the last 3-month period. Year-to-Date the stock performance stands at 10.52%.

Currently the company Insiders own 16% of AGCO Corporation shares according to the proxy statements. Institutional Investors own 88.2% of AGCO Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -4.62%. Company has reported several Insider transactions to the SEC, on Nov 14, 2016, Gary L Collar (Sr. VP – General Manager, APAC) sold 2,309 shares at 53.00 per share price.On Aug 23, 2016, Hans Bernd Veltmaat (Sr VP, Chief Supply Chain Off.) sold 283 shares at 47.68 per share price.On May 4, 2016, Robert B Crain (Sr VP, Gen. Mgr. Americas) sold 1,500 shares at 53.01 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.AGCO Corporation was Initiated by Berenberg on Jan 24, 2017 to Buy, Price Target of the shares are set at $72.Company shares were Reiterated by RBC Capital Mkts on Dec 19, 2016 to Sector Perform, Raises Price Target to $ 55 from a previous price target of $50 .AGCO Corporation was Downgraded by Jefferies to Hold on Dec 13, 2016. AGCO Corporation was Upgraded by Piper Jaffray to Neutral on Nov 28, 2016.

AGCO Corporation Last issued its quarterly earnings results on Feb 7, 2017. The company reported $0.84 EPS for the quarter, beating the analyst consensus estimate by $ 0.13. Analyst had a consensus of $0.71. The company had revenue of $2094.00 million for the quarter, compared to analysts expectations of $1941.57 million. The companys revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 EPS.

AGCO CORP. is engaged in the manufacturer and distribution of farm equipment, machinery and replacement parts in the United States and Canada. Products include tractors, combines, hay tools and forage equipment and implements.


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