Bunge Limited (BG) will raise its quarterly dividend by 19.0 percent to $0.625 per share in 2022. This is the second consecutive year with a dividend hike announced by BG with a 5.0 percent increase to 52.5 cents per share in 2021. Two years ago a track record with 17 years of consecutive annual dividend increases ended with no hikes announced in 2019 and 2020 by Bunge.

The next BG dividend is payable on September 2, 2022 to shareholders of record on August 19, 2022. The new annual dividend of $2.50 per share for Bunge delivers a dividend yield of 2.3% at a stock price of $108. Bunge now pays an estimated total annual dividend of $351 million to shareholders.

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.