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AGCO hikes dividend by 7.7%

AGCO Corp (AGCO) will raise its quarterly dividend by 7.7 percent to $0.14 per share in 2017.

The increased dividend will be paid on March 15, 2017 to all stockholders of record as of the close of business on February 15, 2017.

AGCO Corporation is a manufacturer and distributor of agricultural equipment and solutions. AGCO products are sold through five core brands, Challenger, Fendt, GSI, Massey Ferguson and Valtra, supported by Fuse smart farming solutions. The company was founded in 1990 and is headquartered in Duluth, Georgia, USA. AGCO has paid a dividend every year since 2013.