Monsanto Board Approves Quarterly Dividend Increase To 43 cents Per Share

  Monsanto Board Approves Quarterly Dividend Increase To 43 cents Per Share

PR Newswire

ST. LOUIS, Aug. 6, 2013

ST. LOUIS, Aug. 6, 2013 /PRNewswire/ --Monsanto Company (NYSE: MON) today
announced that its Board of Directors declared an increase in the dividend on
its common stock from 37.5 cents per share to 43 cents per share. The dividend
is payable on Oct. 25, 2013 to shareowners of record on Oct. 4, 2013. The
dividend relates to the company's fourth quarter of its 2013 fiscal year.
Monsanto has increased its dividend four times since the end of fiscal year
2010, for a cumulative increase of more than 60 percent over that time period.

Chief Financial Officer Pierre Courduroux noted that dividends are a key
component of Monsanto's approach to using its cash position to return value to
company shareowners.

"Monsanto's approach to using its cash position to benefit its shareowners is
centered on providing return through dividends and share repurchases, and also
using cash for strategic investments," said Courduroux.

In June, Monsanto announced a new three-year share repurchase program for up
to $2billion of the company's common stock, effective July 1, 2013.

About Monsanto Company

Monsanto Company is a leading global provider of technology-based solutions
and agricultural products that improve farm productivity and food quality.
Monsanto remains focused on enabling both small-holder and large-scale farmers
to produce more from their land while conserving more of our world's natural
resources such as water and energy. To learn more about our business and our
commitments, please visit: Follow our business on Twitter^®
at, on the company blog, Beyond the Rows at, or subscribe to our News Release RSS Feed.

Cautionary Statements Regarding Forward-Looking Information:

Certain statements contained in this release are "forward-looking statements,"
such as statements concerning the company's anticipated financial results,
current and future product performance, regulatory approvals, business and
financial plans and other non-historical facts. These statements are based on
current expectations and currently available information. However, since these
statements are based on factors that involve risks and uncertainties, the
company's actual performance and results may differ materially from those
described or implied by such forward-looking statements. Factors that could
cause or contribute to such differences include, among others: continued
competition in seeds, traits and agricultural chemicals; the company's
exposure to various contingencies, including those related to intellectual
property protection, regulatory compliance and the speed with which approvals
are received, and public acceptance of biotechnology products; the success of
the company's research and development activities; the outcomes of major
lawsuits and the previously-announced SEC investigation; developments related
to foreign currencies and economies; successful operation of recent
acquisitions; fluctuations in commodity prices; compliance with regulations
affecting our manufacturing; the accuracy of the company's estimates related
to distribution inventory levels; the company's ability to fund its short-term
financing needs and to obtain payment for the products that it sells; the
effect of weather conditions, natural disasters and accidents on the
agriculture business or the company's facilities; and other risks and factors
detailed in the company's most recent Form 10-K Report to the SEC. Undue
reliance should not be placed on these forward-looking statements, which are
current only as of the date of this release. The company disclaims any current
intention or obligation to update any forward-looking statements or any of the
factors that may affect actual results.

Contact Media – Sara Miller (314-694-5824)

SOURCE Monsanto Company

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