"As we have often said, when farmers succeed we succeed, and we are
pleased to share our company's continued success with our shareowners through
the increase of our quarterly dividend," said
The dividend relates to the company's second quarter of its 2009 fiscal
year. Since Monsanto was spun off as an independent company in
Crews noted that the dividend is one of the key elements of Monsanto's three-pronged approach to using its strong cash position to benefit shareowners. These include: investing in strategic acquisitions or collaborations, supporting business growth through capital spending, and bolstering direct return to shareowners through increased dividends and share repurchases.
About Monsanto Company
Monsanto Company is a leading global provider of technology-based solutions and agricultural products that improve farm productivity and food quality. Monsanto remains focused on enabling both small-holder and large-scale farmers to produce more from their land while conserving more of our world's natural resources such as water and energy. To learn more about our business and our commitments, please visit: http://www.monsanto.com.
SOURCE Monsanto Company