Monsanto Board Approves Dividend Increase to 28 Cents

Monsanto Company MON today announced that its Board of Directors declared an increase in the quarterly dividend on its common shares from 26.5 cents per share to 28 cents per share. The dividend is payable on Oct. 29, 2010 to shareowners of record on Oct. 8, 2010. Chief Financial Officer Carl Casale said dividends are a key element of Monsanto's approach to using its strong cash position to benefit shareowners. Monsanto Company is a global provider of technology-based solutions and agricultural products that improve farm productivity and food quality.