Nutrien Ltd. (TSE:NTR) Declares Quarterly Dividend of $0.54

Nutrien Ltd. (TSE:NTR) declared a quarterly dividend on Wednesday, May 8th, RTT News reports. Stockholders of record on Friday, June 28th will be given a dividend of 0.54 per share on Friday, July 19th. This represents a $2.16 annualized dividend and a dividend yield of 2.84%.

Nutrien Trading Up 0.4 %

Nutrien stock traded up C$0.32 during mid-day trading on Wednesday, hitting C$76.14. 715,790 shares of the company’s stock were exchanged, compared to its average volume of 1,253,152. Nutrien has a fifty-two week low of C$64.89 and a fifty-two week high of C$92.48. The company has a quick ratio of 0.65, a current ratio of 1.17 and a debt-to-equity ratio of 49.86. The firm has a market capitalization of C$37.66 billion, a P/E ratio of 21.94, a PEG ratio of 0.36 and a beta of 0.97. The company’s 50 day simple moving average is C$72.70 and its 200-day simple moving average is C$72.71.

Nutrien (TSE:NTR) last issued its quarterly earnings data on Wednesday, February 21st. The company reported C$0.50 EPS for the quarter, missing analysts’ consensus estimates of C$0.97 by C($0.47). The company had revenue of C$7.71 billion for the quarter, compared to analyst estimates of C$7.10 billion. Nutrien had a return on equity of 5.02% and a net margin of 4.48%. On average, equities analysts anticipate that Nutrien will post 5.6844584 earnings per share for the current year.

Insiders Place Their Bets

In related news, Senior Officer Noralee Bradley acquired 500 shares of the firm’s stock in a transaction that occurred on Monday, March 11th. The stock was acquired at an average cost of C$71.48 per share, for a total transaction of C$35,740.00. In related news, Senior Officer Noralee Bradley acquired 500 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The shares were bought at an average cost of C$71.48 per share, with a total value of C$35,740.00. Also, Senior Officer Andrew Kelemen bought 400 shares of the firm’s stock in a transaction on Friday, February 23rd. The shares were purchased at an average cost of C$71.51 per share, with a total value of C$28,604.00. Insiders have acquired 1,530 shares of company stock valued at $109,899 in the last ninety days. 0.03% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada reduced their price target on Nutrien from C$75.00 to C$70.00 and set an “outperform” rating for the company in a research report on Friday, February 23rd.

Nutrien Company Profile

Nutrien Ltd. provides crop inputs and services. The company operates through four segments: Retail, Potash, Nitrogen, and Phosphate. The Retail segment distributes crop nutrients, crop protection products, seeds, and merchandise products. The Potash segment provides granular and standard potash products.