Publish dateWednesday 2 October 2024 - 10:58
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Fertiglobe announced the approval of a 150 million dollar dividend for the first half of 2024.
"Fertiglobe" announced the approval of $150 million in interim dividends
According to Amac News: Fertiglobe's statement states that the dividend in October 2024 will be paid to existing shareholders on October 10, 2024.
Fertiglobe's strong balance sheet and effective cash flow management enable the company to pursue selective value-enhancing growth opportunities with shareholder returns, according to the statement.
Since its initial public offering (IPO) in October 2021, Fertiglobe has paid out $2.42 billion in dividends, one of the highest dividend yield and total return metrics in its sector.
Based on the announced interim dividend, the annual dividend yield is more than 5%, reinforcing the company's commitment to deliver strong returns to shareholders.
https://amacnews.com/vdch.znzt23nqm10d2.html
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