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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 Abruzz0on May 24, 2022 3:55pm
243 Views
Post# 34704644

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

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

IMO, you are all missing the most critical part of this release:
Verde will self-finance Plant 3 PLUS keep a tidy > $30 million in reserve. 

The amount of dividend pales in light of a dilution free expansion to over 10x what Verde expects to produce for 2022 (which is already enough to pay dividends ).

I've been invested in Nutrien for many years and remember the many capital raises ( = dilution) to expand production and logistics. 

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