WHITE PLAINS, N.Y. — Bunge Ltd. on May 22 declared a regular quarterly dividend of 34c per share on the common stock. The payout represents an increase of 13% from the previous dividend of 30c. Bunge has raised its dividend each year since 2002, the year following its initial public offering. At 34c per share, or $1.36 per year, the dividend would equate to a 1.8% yield, based on a share price of $75.77 in early New York Stock Exchange trading May 23. Bunge said the 34c dividend is payable Sept. 2 to shareholders of record Aug. 19.
Bakingbusiness.com’s review of 2019 includes significant expansion and consolidation initiatives in the U.S. milling industry, as well as new production innovation and major decisions on nutrition labeling.