4 days ago
Cargill Pays Billionaire Owners a Record $1.5 Billion Dividend
Cargill Inc. paid a record dividend to the billionaire families who control the world's biggest agricultural commodities trader after profits surged 44% in its most recent financial year.
The largest privately-held company in the US by revenue paid out almost $1.5 billion in the year ended May 31, according to the company's audited annual accounts seen by Bloomberg News. That's up almost 25% from a year earlier and eclipsed the previous record dividend in 2022, when Cargill made the most money in its 160-year history.
