4. High and Growing Shareholder Returns

Agrium has a clearly articulated, shareholder-friendly capital allocation policy and will continue to return capital to shareholders. With a dividend policy to pay out 40% to 50% of free cash flow, we are targeting a consistently growing dividend in line with our increasing free cash flow, as well as executing share buy backs when they make sense.

Agrium will continue to grow, and has a disciplined approach to growth and acquisition capital expenditures. Growth project economics are measured against share buy-backs with a ‘compete for capital’ mindset, ensuring our capital expenditures are generating the highest possible returns for our shareholders.

Why Invest in Agrium?