Bunge Limited (BG) will raise its quarterly dividend by 5.0 percent to 52.5 cents per share in 2021. This is the first dividend hike announced by BG since 2018, when the dividend was raised by 8.7 percent to $0.50 per share. This marked the 16th consecutive year of dividend increases by BG. Because the dividend was not raised in 2019 and 2020 the dividend trackrecord ended with 17 years in 2020.

The next dividend of $0.525 per share is payable on September 2, 2021 to shareholders of record on August 19, 2021. The new dividend yield for BG is 2.2% at a stock price of $90.57. The ex-dividend date for the next dividend by Bunge is August 18, 2021.

Bunge Limited is an agribusiness and food company. Bunge buys, sells, stores and transports oilseeds and grains to serve customers worldwide; processes oilseeds to make protein meal for animal feed and edible oil products for commercial customers and consumers; produces sugar and ethanol from sugarcane; mills wheat, corn and rice to make ingredients used by food companies; and sells fertilizer in South America.