Bunge Global SA (BG) To Go Ex-Dividend on May 22nd

Bunge Global SA (NYSE:BG) declared a quarterly dividend on Thursday, March 26th. Stockholders of record on Friday, May 22nd will be paid a dividend of 0.72 per share by the basic materials company on Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, May 22nd. This is a 2.9% increase from Bunge Global’s previous quarterly dividend of $0.70.

Bunge Global has increased its dividend payment by an average of 0.1%per year over the last three years. Bunge Global has a dividend payout ratio of 24.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Bunge Global to earn $11.58 per share next year, which means the company should continue to be able to cover its $2.88 annual dividend with an expected future payout ratio of 24.9%.

Bunge Global Price Performance

Shares of BG opened at $122.05 on Wednesday. The firm has a market capitalization of $23.68 billion, a PE ratio of 28.45 and a beta of 0.64. The company’s 50-day moving average is $124.66 and its 200-day moving average is $110.78. Bunge Global has a fifty-two week low of $71.60 and a fifty-two week high of $133.93. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.60 and a quick ratio of 0.69.

Bunge Global (NYSE:BG) last issued its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $1.83 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.86. Bunge Global had a net margin of 0.85% and a return on equity of 8.60%. The company had revenue of $21.86 billion for the quarter, compared to analyst estimates of $23.38 billion. During the same period in the prior year, the firm earned $1.81 earnings per share. The company’s revenue was up 87.8% on a year-over-year basis. Bunge Global has set its FY 2026 guidance at 9.000-9.500 EPS. Equities analysts forecast that Bunge Global will post 9.57 EPS for the current year.

Analysts Set New Price Targets

BG has been the subject of a number of research analyst reports. UBS Group restated a “buy” rating on shares of Bunge Global in a report on Wednesday, March 11th. Stephens restated an “overweight” rating and set a $130.00 price objective on shares of Bunge Global in a report on Thursday, February 5th. Zacks Research upgraded Bunge Global from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 29th. HSBC increased their price objective on Bunge Global from $80.00 to $116.00 and gave the stock a “hold” rating in a research report on Tuesday, March 3rd. Finally, Morgan Stanley increased their price objective on Bunge Global from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Bunge Global presently has a consensus rating of “Moderate Buy” and an average target price of $132.67.

Bunge Global Company Profile

Bunge Global is a leading agribusiness and food company that processes oilseeds and grains, produces sugar and bioenergy, and supplies fertilizers and other agricultural inputs. The company operates an integrated value chain that spans origination, processing, and distribution, enabling it to serve food processors, livestock producers, and retail customers worldwide. Through its network of processing plants, port terminals and logistics assets, Bunge handles a diverse portfolio of commodities, including soybeans, corn, wheat, vegetable oils, and sugarcane.

The company’s core business activities are organized into agribusiness and food & ingredients segments.