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Cargill pays record dividend to family owners after profits boom

Aug 02, 2020 at 07:23 AM CST

The company reported net income of $3 billion in its fiscal year through May, up 17% from the previous year and its fourth-highest ever, according to audited accounts reviewed by Bloomberg News. Cargill, the world’s largest agricultural commodity trader, broke with a two-decade tradition earlier this year and stopped releasing its results publicly. Still, the company shares financial results with its bankers and others.