Bunge Global SA (NYSE:BG) Declares $0.72 Quarterly Dividend

Bunge Global SA (NYSE:BG) declared a quarterly dividend on Thursday, March 26th. Investors of record on Tuesday, August 18th will be given a dividend of 0.72 per share by the basic materials company on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Tuesday, August 18th.

Bunge Global has increased its dividend by an average of 0.1%per year over the last three years. Bunge Global has a payout ratio of 24.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Bunge Global to earn $12.08 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 23.8%.

Bunge Global Stock Performance

Shares of Bunge Global stock opened at $113.77 on Friday. The stock’s fifty day moving average is $114.28 and its two-hundred day moving average is $119.72. The company has a market capitalization of $21.86 billion, a PE ratio of 22.09 and a beta of 0.65. The company has a quick ratio of 0.64, a current ratio of 1.57 and a debt-to-equity ratio of 0.54. Bunge Global has a 52 week low of $76.01 and a 52 week high of $134.87.

Bunge Global (NYSE:BG) last released its earnings results on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share for the quarter, topping analysts’ consensus estimates of $1.97 by $0.03. The business had revenue of $24.04 billion for the quarter, compared to analyst estimates of $22.81 billion. Bunge Global had a return on equity of 9.15% and a net margin of 1.10%.The business’s revenue was up 88.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.31 earnings per share. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. As a group, analysts expect that Bunge Global will post 9.72 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. BMO Capital Markets reiterated an “outperform” rating and set a $150.00 price objective on shares of Bunge Global in a report on Thursday. Zacks Research upgraded shares of Bunge Global from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bunge Global in a research report on Friday, May 22nd. Finally, Barclays boosted their price target on Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Bunge Global has a consensus rating of “Moderate Buy” and an average price target of $132.67.

Bunge Global Company Profile

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.