Nutrien Ltd. (NYSE:NTR) Plans Quarterly Dividend of $0.55

Nutrien Ltd. (NYSE:NTR) declared a quarterly dividend on Wednesday, November 4th. Shareholders of record on Thursday, December 31st will be given a dividend of $0.55 per share on Friday, January 15th. This represents a $2.20 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Thursday, December 31st.

Nutrien has decreased its dividend payment by an average of 0.1% per year over the last three years and has increased its dividend every year for the last 7 years. Nutrien has a dividend payout ratio of 53.5% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Nutrien to earn $4.45 per share next year, which means the company should continue to be able to cover its $2.20 annual dividend with an expected future payout ratio of 49.4%.

Nutrien Stock Performance

Shares of NYSE NTR opened at $72.05 on Thursday. The firm’s 50-day moving average price is $72.92 and its 200-day moving average price is $71.06. The company has a quick ratio of 0.86, a current ratio of 1.39 and a debt-to-equity ratio of 0.36. The company has a market cap of $34.24 billion, a PE ratio of 14.59, a PEG ratio of 0.77 and a beta of 0.67. Nutrien has a 52-week low of $53.65 and a 52-week high of $85.36.

Nutrien (NYSE:NTR) last released its quarterly earnings data on Wednesday, November 4th. The company reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.13). Nutrien had a net margin of 8.44% and a return on equity of 8.88%. The company had revenue of $5.69 billion for the quarter, compared to analysts’ expectations of $5.66 billion. During the same period in the previous year, the firm earned $0.97 earnings per share. The firm’s revenue for the quarter was up .9% on a year-over-year basis. As a group, analysts anticipate that Nutrien will post 4.53 EPS for the current year.

Nutrien Company Profile