Bunge Global SA (NYSE:BG) Declares Dividend Increase – $0.72 Per Share

Bunge Global SA (NYSE:BG) announced a quarterly dividend on Thursday, March 26th. Investors of record on Friday, May 22nd will be paid a dividend of 0.72 per share by the basic materials company on Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Friday, May 22nd. This is a 2.9% increase from Bunge Global’s previous quarterly dividend of $0.70.

Bunge Global has increased its dividend by an average of 0.1%annually over the last three years. Bunge Global has a payout ratio of 24.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Bunge Global to earn $11.58 per share next year, which means the company should continue to be able to cover its $2.88 annual dividend with an expected future payout ratio of 24.9%.

Bunge Global Trading Down 2.1%

Shares of Bunge Global stock opened at $122.05 on Wednesday. Bunge Global has a 52-week low of $71.60 and a 52-week high of $133.93. The stock’s 50-day simple moving average is $124.66 and its 200 day simple moving average is $110.78. The stock has a market capitalization of $23.68 billion, a P/E ratio of 28.45 and a beta of 0.64. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.69 and a current ratio of 1.60.

Bunge Global (NYSE:BG) last announced its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.86. Bunge Global had a return on equity of 8.60% and a net margin of 0.85%.The business had revenue of $21.86 billion for the quarter, compared to analysts’ expectations of $23.38 billion. During the same period in the previous year, the business posted $1.81 EPS. The firm’s quarterly revenue was up 87.8% compared to the same quarter last year. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. As a group, research analysts anticipate that Bunge Global will post 9.57 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of BG. Foster Dykema Cabot & Partners LLC purchased a new position in shares of Bunge Global during the third quarter worth about $25,000. Quest 10 Wealth Builders Inc. purchased a new position in shares of Bunge Global during the fourth quarter worth about $27,000. Root Financial Partners LLC purchased a new position in shares of Bunge Global during the third quarter worth about $28,000. CYBER HORNET ETFs LLC purchased a new position in shares of Bunge Global during the second quarter worth about $31,000. Finally, MUFG Securities EMEA plc purchased a new position in shares of Bunge Global during the second quarter worth about $32,000. Hedge funds and other institutional investors own 86.23% of the company’s stock.

About Bunge Global

Bunge Global is a leading agribusiness and food company that processes oilseeds and grains, produces sugar and bioenergy, and supplies fertilizers and other agricultural inputs. The company operates an integrated value chain that spans origination, processing, and distribution, enabling it to serve food processors, livestock producers, and retail customers worldwide. Through its network of processing plants, port terminals and logistics assets, Bunge handles a diverse portfolio of commodities, including soybeans, corn, wheat, vegetable oils, and sugarcane.

The company’s core business activities are organized into agribusiness and food & ingredients segments.