Bunge Limited Declares Dividends on Common and Preference Shares

Dec 09, 2010, 17:42 ET from Bunge Limited

WHITE PLAINS, N.Y., Dec. 9, 2010 /PRNewswire-FirstCall/ -- Bunge Limited (NYSE: BG), a global agribusiness and food company, today declared a regular quarterly cash dividend of $0.23 per common share. The dividend is payable on March 2, 2011 to shareholders of record on February 16, 2011.

The company declared a quarterly cash dividend of $1.21875 per share on its 4.875% cumulative convertible perpetual preference shares, payable on March 1, 2011 to shareholders of record on February 15, 2011.

The company also announced the mandatory conversion of all issued and outstanding 5.125% cumulative mandatory convertible preference shares into 8,417,215 common shares in accordance with the terms of the preference shares.  The mandatory conversion date was December 1, 2010.  

About Bunge Limited

Bunge Limited (www.bunge.com, NYSE: BG) is a leading global agribusiness and food company with approximately 32,000 employees in more than 30 countries.  Bunge buys, sells, stores and transports oilseeds and grains to serve customers worldwide; processes oilseeds to make protein meal for animal feed and edible oil products for commercial customers and consumers; produces sugar and ethanol from sugarcane; mills wheat and corn to make ingredients used by food companies; and sells fertilizer in North and South America.  Founded in 1818, the company is headquartered in White Plains, New York.

SOURCE Bunge Limited