To: Triffin who wrote (12346 ) 8/6/2013 5:13:34 PM From: Triffin Respond to of 34328 MON boosts dividend payout by 15% ===== ST. LOUIS, Aug. 6, 2013 /PRNewswire/ -- Monsanto Company ( MON ) today announced that its Board of Directors declared an increase in the dividend on its common stock from 37.5 cents per share to 43 cents per share. The dividend is payable on Oct. 25, 2013 to shareowners of record on Oct. 4, 2013. The dividend relates to the company's fourth quarter of its 2013 fiscal year. Monsanto has increased its dividend four times since the end of fiscal year 2010, for a cumulative increase of more than 60 percent over that time period. Chief Financial Officer Pierre Courduroux noted that dividends are a key component of Monsanto's approach to using its cash position to return value to company shareowners. "Monsanto's approach to using its cash position to benefit its shareowners is centered on providing return through dividends and share repurchases, and also using cash for strategic investments," said Courduroux. In June, Monsanto announced a new three-year share repurchase program for up to $2 billion of the company's common stock, effective July 1, 2013. About Monsanto Company Monsanto Company is a leading global provider of technology-based solutions and agricultural products that improve farm productivity and food quality. Monsanto remains focused on enabling both small-holder and large-scale farmers to produce more from their land while conserving more of our world's natural resources such as water and energy. To learn more about our business and our commitments, please visit: www.monsanto.com . Follow our business on Twitter® at www.twitter.com/MonsantoCo , on the company blog, Beyond the Rows at www.monsantoblog.com , or subscribe to our News Release RSS Feed . ===== Triff ..