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Verde Agritech Ltd T.NPK

Alternate Symbol(s):  VNPKF

Verde AgriTech Ltd is an agricultural technology company that produces potash fertilizers. The principal activity of the Company is the production and sale of a multi-nutrient potassium fertilizer marketed in Brazil under the brands K Forte and BAKS, Silicio Forte, and internationally as Super Greensand (the Product). K Forte is a potash fertilizer that is a source of potassium, silicon, and magnesium and micronutrients. BAKS is a combination of K Forte plus three other nutrients that can be chosen by customers according to their crops’ needs. It mines and processes its main feedstock from its 100% owned mineral properties, then sells and distributes the Product. Its Cerrado Verde Project is in Minas Gerais state, Brazil, which is a potassium-rich deposit, from which it is producing solutions for crop nutrition, crop protection, soil improvement, and increased sustainability. Its technologies are Cambridge Tech, 3D Alliance, MicroS Technology, N Keeper, and Bio Revolution.


TSX:NPK - Post by User

Comment by laurencelefouon May 24, 2022 8:19am
221 Views
Post# 34703104

RE:RE:A 2.1% dividend yield for 2022?

RE:RE:A 2.1% dividend yield for 2022?
$10,000,000 divided by the number of oustanding shares of  50,581,619 = 1.977 %.   The CEO has mentionned is preference for  buying back shares.  The Board will eventually decide on what position to take, buy back shares, issue a dividend, a mix of both. or let the cash accumulate.
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