Nutrien Ltd. (TSE:NTR - Get Free Report) announced a quarterly dividend on Wednesday, February 19th, RTT News reports. Investors of record on Monday, March 31st will be paid a dividend of 0.545 per share on Thursday, April 10th. This represents a $2.18 dividend on an annualized basis and a dividend yield of 2.91%. This is an increase from Nutrien's previous quarterly dividend of $0.54.
Nutrien Stock Performance
Nutrien stock traded down C$0.48 during mid-day trading on Friday, reaching C$74.82. The company's stock had a trading volume of 1,256,166 shares, compared to its average volume of 1,506,114. The firm has a market cap of C$25.76 billion, a price-to-earnings ratio of 35.23, a PEG ratio of 1.15 and a beta of 0.95. The business has a 50 day moving average price of C$70.91 and a 200-day moving average price of C$67.52. The company has a current ratio of 1.27, a quick ratio of 0.65 and a debt-to-equity ratio of 59.10. Nutrien has a twelve month low of C$60.74 and a twelve month high of C$83.14.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on NTR shares. Piper Sandler raised shares of Nutrien from a "strong sell" rating to a "strong-buy" rating in a report on Monday, January 13th. Raymond James raised shares of Nutrien from a "hold" rating to a "moderate buy" rating in a report on Tuesday, December 3rd. Finally, Barclays downgraded shares of Nutrien from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 21st. Five research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of C$64.50.
Check Out Our Latest Analysis on NTR
Insider Activity
In other Nutrien news, Director Kenneth Alvin Seitz bought 10,490 shares of the company's stock in a transaction dated Tuesday, December 24th. The shares were bought at an average price of C$64.04 per share, for a total transaction of C$671,779.60. 0.03% of the stock is owned by corporate insiders.
About Nutrien
(
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Nutrien Ltd. provides crop inputs and services. The company operates through four segments: Retail, Potash, Nitrogen, and Phosphate. The Retail segment distributes crop nutrients, crop protection products, seeds, and merchandise products. The Potash segment provides granular and standard potash products.
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