Nutrien Ltd. (NYSE:NTR) Shares Will Pay Quarterly Dividend of $0.55

Nutrien Ltd. (NYSE:NTR) declared a quarterly dividend on Wednesday, November 4th. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date 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 raised its dividend annually for the last 7 consecutive years. Nutrien has a dividend payout ratio of 53.5% meaning its dividend is sufficiently covered by earnings. Equities 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 Price Performance

Shares of NYSE NTR opened at $72.05 on Thursday. The stock has a market cap of $34.24 billion, a PE ratio of 14.59, a price-to-earnings-growth ratio of 0.77 and a beta of 0.67. Nutrien has a fifty-two week low of $53.65 and a fifty-two week high of $85.36. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.86 and a current ratio of 1.39. The stock has a fifty day moving average of $72.92 and a 200-day moving average of $71.06.

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

Nutrien Company Profile