Ag Growth International Inc (TSE:AFN) announced a monthly dividend on Thursday, August 30th, TickerTech reports. Shareholders of record on Friday, September 14th will be paid a dividend of 0.20 per share on Friday, September 14th. This represents a $2.40 annualized dividend and a yield of 3.92%. The ex-dividend date of this dividend is Thursday, August 30th.

TSE:AFN traded up C$0.49 during trading hours on Friday, hitting C$61.29. The stock had a trading volume of 21,400 shares, compared to its average volume of 35,283. Ag Growth International has a 1-year low of C$47.08 and a 1-year high of C$61.36.

In other news, Director Gary Keith Anderson sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 31st. The shares were sold at an average price of C$58.00, for a total transaction of C$580,000.00. Insiders have sold 16,500 shares of company stock valued at $957,260 in the last three months.

A number of analysts have recently weighed in on AFN shares. National Bank Financial raised their price target on shares of Ag Growth International from C$67.00 to C$71.00 and gave the stock an “outperform” rating in a research report on Thursday, August 9th. Scotiabank raised their price target on shares of Ag Growth International from C$62.00 to C$65.00 and gave the stock an “outperform” rating in a research report on Thursday, May 10th. Raymond James raised their price target on shares of Ag Growth International from C$60.00 to C$65.00 and gave the stock an “outperform” rating in a research report on Monday, August 13th. Royal Bank of Canada raised their price target on shares of Ag Growth International from C$60.00 to C$65.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 16th. Finally, TD Securities raised their price target on shares of Ag Growth International from C$73.00 to C$80.00 and gave the stock an “action list buy” rating in a research report on Friday, August 10th. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of C$69.00.

About Ag Growth International

Ag Growth International Inc, together with its subsidiaries, manufactures and distributes grain handling, storage, and conditioning equipment in Canada, the United States, and internationally. The company offers portable handling equipment, such as portable augers, portable belt conveyors, grainvacs, and storm seed treaters; and permanent handling equipment, including TA tapered auger vertical blend systems, high-tonnage conveying systems, distributors, bulk weigh hoppers, enclosed belt conveyors, bucket elevators, rail and truck probes, VIS micro dosing systems, chain conveyors, truss and towers, screw feeders and conveyors, and spout and connections.

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Dividend History for Ag Growth International (TSE:AFN)

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