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FMC Corporation hikes dividend by 10%

FMC Corporation (FMC) will raise its quarterly dividend by 10.0 percent from $0.15 to $0.165 per share in 2015. This follows a dividend hike of 11.1 percent by the agricultural sciences company last year.

"Today's announcement reflects our Board's continued confidence in generating future earnings growth and cash flow," said Pierre Brondeau, FMC president, CEO and chairman. "We are committed to creating value and rewarding our shareholders as a focused, specialty company with leading positions in agriculture, health and nutrition markets."

FMC Corporation a diversified chemical company serving agricultural, consumer and industrial markets globally with innovative solutions, applications and market-leading products. The company operates in three distinct business segments: FMC Agricultural Solutions, FMC Health and Nutrition and FMC Lithium. FMC Agricultural Solutions segment develops, markets and sells all three major classes of crop protection chemicals – insecticides, herbicides and fungicides. The FMC Health and Nutrition segment focuses on nutritional ingredients, health excipients, and functional health ingredients. The FMC Lithium segment manufactures lithium for use in a wide range of lithium products, which are used primarily in energy storage, specialty polymers and chemical synthesis application.