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

Nutrien Ltd. (TSE:NTR) announced a quarterly dividend on Wednesday, August 7th, RTT News reports. Shareholders of record on Friday, September 27th will be paid a dividend of 0.54 per share on Friday, October 18th. This represents a $2.16 dividend on an annualized basis and a yield of 3.34%.

Nutrien Trading Down 0.4 %

Nutrien stock traded down C$0.25 during trading hours on Wednesday, reaching C$64.73. The stock had a trading volume of 1,359,498 shares, compared to its average volume of 1,335,516. The stock has a market cap of C$32.02 billion, a PE ratio of 27.89, a PEG ratio of 0.36 and a beta of 0.97. Nutrien has a 52 week low of C$64.03 and a 52 week high of C$92.48. The company has a debt-to-equity ratio of 54.56, a current ratio of 1.15 and a quick ratio of 0.65. The company has a fifty day simple moving average of C$70.89 and a 200-day simple moving average of C$72.00.

Nutrien (TSE:NTR) last announced its quarterly earnings results on Wednesday, May 8th. The company reported C$0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.46 by C$0.15. Nutrien had a net margin of 3.09% and a return on equity of 3.46%. The business had revenue of C$7.27 billion for the quarter, compared to analyst estimates of C$7.29 billion. Analysts forecast that Nutrien will post 5.593642 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Hsbc Global Res raised shares of Nutrien to a “moderate sell” rating in a research report on Friday, August 2nd. Mizuho raised shares of Nutrien from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 16th.

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.