AGT Food and Ingredients Inc (AGT) Declares $0.15 Quarterly Dividend

AGT Food and Ingredients Inc (TSE:AGT) announced a quarterly dividend on Tuesday, December 19th, Zacks reports. Shareholders of record on Friday, December 29th will be paid a dividend of 0.15 per share on Thursday, January 11th. This represents a $0.60 annualized dividend and a yield of 2.76%. The ex-dividend date is Thursday, December 28th.

Shares of AGT Food and Ingredients (TSE AGT) opened at C$21.70 on Friday. AGT Food and Ingredients has a 1 year low of C$17.85 and a 1 year high of C$37.46. The stock has a market cap of $649.93, a P/E ratio of -15.72 and a beta of 0.22.

Several equities research analysts have issued reports on AGT shares. CIBC dropped their target price on shares of AGT Food and Ingredients from C$28.00 to C$24.00 in a research report on Tuesday, November 7th. BMO Capital Markets lowered their price objective on shares of AGT Food and Ingredients from C$35.00 to C$27.50 in a report on Tuesday, November 7th. Raymond James Financial lowered their price objective on shares of AGT Food and Ingredients from C$22.00 to C$21.00 and set a “market perform” rating for the company in a report on Tuesday. National Bank Financial lowered their price objective on shares of AGT Food and Ingredients from C$33.00 to C$25.00 and set an “outperform” rating for the company in a report on Tuesday, November 7th. Finally, Scotiabank lowered their price objective on shares of AGT Food and Ingredients from C$23.00 to C$21.50 and set a “sector perform” rating for the company in a report on Tuesday, November 7th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of C$23.80.

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About AGT Food and Ingredients

AGT Food and Ingredients Inc (AGT), formerly Alliance Grain Traders Inc, is a processor and splitter of pulse crops. The Company is engaged in pulse and staple food processing and distribution, with processing facilities and sales offices located around the world. It operates in three segments: Pulse and Grain Processing, which includes the operations of AGT subsidiaries and facilities in Canada, the United States, Australia, China and a portion of the operations in Turkey; Trading and Distribution, which includes operations in Europe, Russia, India and a portion of the operations in Canada, Turkey and Australia, and Food Ingredients and Packaged Foods, which include subsidiaries and facilities in the United States, Canada, South Africa and a portion of the operations in Turkey.

Dividend History for AGT Food and Ingredients (TSE:AGT)

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