Bunge Global SA (NYSE:BG) Raises Dividend to $0.72 Per Share

Bunge Global SA (NYSE:BG) declared a quarterly dividend on Thursday, March 26th. Stockholders of record on Friday, May 22nd will be paid a dividend of 0.72 per share by the basic materials company on Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, May 22nd. This is a 2.9% increase from Bunge Global’s previous quarterly dividend of $0.70.

Bunge Global has raised its dividend by an average of 0.1%per year over the last three years. Bunge Global has a payout ratio of 24.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Bunge Global to earn $11.58 per share next year, which means the company should continue to be able to cover its $2.88 annual dividend with an expected future payout ratio of 24.9%.

Bunge Global Stock Down 2.1%

Shares of NYSE BG opened at $122.05 on Wednesday. The firm has a market capitalization of $23.68 billion, a price-to-earnings ratio of 28.45 and a beta of 0.64. The business has a 50-day moving average of $124.66 and a 200-day moving average of $110.78. The company has a current ratio of 1.60, a quick ratio of 0.69 and a debt-to-equity ratio of 0.57. Bunge Global has a 12 month low of $71.60 and a 12 month high of $133.93.

Bunge Global (NYSE:BG) last issued its earnings results on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.86. The business had revenue of $21.86 billion during the quarter, compared to analyst estimates of $23.38 billion. Bunge Global had a return on equity of 8.60% and a net margin of 0.85%.Bunge Global’s revenue for the quarter was up 87.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.81 earnings per share. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. Sell-side analysts expect that Bunge Global will post 9.57 earnings per share for the current fiscal year.

About Bunge Global

Bunge Global is a leading agribusiness and food company that processes oilseeds and grains, produces sugar and bioenergy, and supplies fertilizers and other agricultural inputs. The company operates an integrated value chain that spans origination, processing, and distribution, enabling it to serve food processors, livestock producers, and retail customers worldwide. Through its network of processing plants, port terminals and logistics assets, Bunge handles a diverse portfolio of commodities, including soybeans, corn, wheat, vegetable oils, and sugarcane.

The company’s core business activities are organized into agribusiness and food & ingredients segments.