Bunge Limited Increases Quarterly Dividend on Common Shares and Declares Dividends on Preference Shares
May 07 2009 - 7:31PM
PR Newswire (US)
WHITE PLAINS, N.Y., May 7 /PRNewswire-FirstCall/ -- Bunge Limited
(NYSE: BG), an integrated, global agribusiness and food company,
today announced that its Board of Directors has approved a 10.5%
increase in the company's regular quarterly cash dividend, from
$0.19 to $0.21 per common share. The new dividend is payable on
September 2, 2009 to shareholders of record on August 19, 2009. The
company also declared a quarterly cash dividend of $1.21875 per
share on its 4.875% cumulative convertible perpetual preference
shares, payable on September 1, 2009 to shareholders of record on
August 15, 2009. The company also declared a quarterly cash
dividend of $12.8125 per share on its 5.125% cumulative mandatory
convertible preference shares, payable on September 1, 2009 to
shareholders of record on August 15, 2009. About Bunge Bunge
Limited (http://www.bunge.com/, NYSE: BG) is a leading global
agribusiness and food company founded in 1818 and headquartered in
White Plains, New York. Bunge's over 25,000 employees in over 30
countries enhance lives by improving the global agribusiness and
food production chain. The company supplies fertilizer to farmers
in South America, originates, transports and processes oilseeds,
grains and other agricultural commodities worldwide, produces food
products for commercial customers and consumers, and supplies raw
materials and services to the biofuels industry. Cautionary
Statement Concerning Forward-Looking Statements This press release
contains both historical and forward-looking statements. All
statements, other than statements of historical fact are, or may be
deemed to be, forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. These
forward-looking statements are not based on historical facts, but
rather reflect our current expectations and projections about our
future results, performance, prospects and opportunities. We have
tried to identify these forward-looking statements by using words
including "may," "will," "should," "could," "expect," "anticipate,"
"believe," "plan," "intend," "estimate," "continue" and similar
expressions. These forward-looking statements are subject to a
number of risks, uncertainties and other factors that could cause
our actual results, performance, prospects or opportunities to
differ materially from those expressed in, or implied by, these
forward-looking statements. The following important factors, among
others, could affect our business and financial performance:
industry conditions, including fluctuations in supply, demand and
prices for agricultural commodities and other raw materials and
products used in our business, fluctuations in energy and freight
costs and competitive developments in our industries; the effects
of weather conditions and the outbreak of crop and animal disease
on our business; global and regional agricultural, economic,
financial and commodities market, political, social and health
conditions; the outcome of pending regulatory and legal
proceedings; our ability to complete, integrate and benefit from
acquisitions, dispositions, joint ventures and strategic alliances;
changes in government policies, laws and regulations affecting our
business, including agricultural and trade policies, tax
regulations and biofuels legislation; and other factors affecting
our business generally. The forward-looking statements included in
this release are made only as of the date of this release, and
except as otherwise required by federal securities law, we do not
have any obligation to publicly update or revise any
forward-looking statements to reflect subsequent events or
circumstances. DATASOURCE: Bunge Limited CONTACT: Mark Haden,
+1-914-684-3398, , or Stewart Lindsay, +1-914-684-3369, , both of
Bunge Limited Web Site: http://www.bunge.com/
Copyright