AGCO increases quarterly dividend 10% AGCO declared an increase of 10% in the company’s quarterly dividend, beginning in 1Q14. The dividend increase will result in a quarterly dividend of 11c per common share to be paid on March 14 to all stockholders of record as of the close of business on February 14.
USDA data still negative for Ag equipment makers, says Wells Fargo Wells Fargo estimates USDA data for December indicates row crop cash flow will drop 21% from the prior year, which is consistent with November and still negative for farm equipment demand. The firm keeps its negative view on demand trends for farm equipment makers Deere (DE) and AGCO (AGCO). The firm maintains its Underperform rating on AGCO and Market Perform rating on Deere.