AGCO reported net sales of approximately $2.7 billion for the fourth quarter of 2020, an increase of approximately 8.1% compared to the fourth quarter of 2019.
AGCO announced that its Board of Directors declared a regular quarterly dividend of $0.15 per common share to be paid on Mar. 15, 2019, to all stockholders of record as of the close of business on Feb. 15, 2019.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.