Nutrien (NTR) reported Q4 adjusted net earnings late Wednesday of $0.31 per diluted share, down from $0.37 a year earlier.
Analysts polled by FactSet expected $0.34.
Sales for the quarter ended Dec. 31 were $5.08 billion, down from $5.66 billion a year earlier. Analysts surveyed by FactSet expected $5.10 billion.
The company increased its quarterly dividend to $0.545 per share from $0.54, payable on April 10 to shareholders of record on March 31.
Additionally, Nutrien's board approved a share repurchase program covering up to 5% of the company's outstanding common shares.
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