Nutrien Ltd. (NTR) To Go Ex-Dividend on December 31st

Nutrien Ltd. (TSE:NTR) declared a quarterly dividend on Wednesday, November 6th,RTT News reports. Investors of record on Tuesday, December 31st will be paid a dividend of 0.54 per share on Friday, January 17th. This represents a $2.16 annualized dividend and a yield of 3.38%. The ex-dividend date is Tuesday, December 31st.

Nutrien Stock Down 0.0 %

Nutrien stock opened at C$63.93 on Friday. The firm has a market capitalization of C$31.63 billion, a price-to-earnings ratio of 28.93, a price-to-earnings-growth ratio of 1.15 and a beta of 0.95. The company has a debt-to-equity ratio of 53.14, a quick ratio of 0.65 and a current ratio of 1.26. Nutrien has a fifty-two week low of C$60.74 and a fifty-two week high of C$83.14. The stock’s fifty day moving average is C$66.24 and its two-hundred day moving average is C$67.02.

Insiders Place Their Bets

In related news, Senior Officer Mark Thompson acquired 490 shares of the company’s stock in a transaction dated Monday, November 18th. The stock was bought at an average price of C$63.99 per share, with a total value of C$31,355.10. Also, Director Kenneth Alvin Seitz bought 10,490 shares of the firm’s stock in a transaction that occurred on Tuesday, December 24th. The stock was bought at an average cost of C$64.04 per share, for a total transaction of C$671,779.60. Insiders have acquired a total of 11,175 shares of company stock valued at $716,056 in the last quarter. 0.03% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

NTR has been the subject of several recent research reports. Wells Fargo & Company cut shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 24th. UBS Group downgraded Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 10th. Raymond James raised Nutrien from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, December 3rd. Finally, The Goldman Sachs Group downgraded Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 10th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, Nutrien has an average rating of “Hold” and a consensus price target of C$64.50.

About Nutrien

Nutrien Ltd. provides crop inputs and services. The company operates through four segments: Retail, Potash, Nitrogen, and Phosphate. The Retail segment distributes crop nutrients, crop protection products, seeds, and merchandise products. The Potash segment provides granular and standard potash products.