Highlights

• Ag Growth International last paid a C$0.15 quarterly Dividend on 12 January 2026, after a 31 December ex-date.

• No further dividend has gone ex-dividend since then, so the payout is treated as suspended rather than active.

• The single payment inside the trailing year gives a 1.79% backward-looking Yield on the C$8.37 close.

• The company paired its fourth-quarter 2025 results with a corporate update and a restructuring plan for the business.

For years, Ag Growth International (TSX:AFN) sat comfortably on Canadian income lists, sending C$0.15 per share to holders every quarter. That rhythm has broken. The farm-equipment and grain-handling manufacturer has not set a dividend Record Date since the final day of 2025, and the conversation around the shares has moved from income to repair.

This review sets out what was paid, when the payments stopped and what the trailing numbers now say about the stock as an income holding.

The last cheque

The final payment on record was announced as the fourth-quarter 2025 dividend in mid-December 2025. It went ex-dividend on 31 December 2025 and reached shareholders on 12 January 2026. Earlier payments at the same C$0.15 rate went ex on 30 June 2025 and 29 September 2025, both before the trailing window used here begins. At the former rate, holders received C$0.60 per share a year in four equal instalments, each with a record date at the end of a calendar quarter.

Since January, no new declaration has surfaced and no ex-date has been set. With no current rate in place, an indicated yield is not presented, because quoting one would imply an income stream that is not being paid.

Restructuring takes centre stage

The company's fourth-quarter 2025 results arrived together with a corporate update and a restructuring plan, signalling a shift in priorities towards the Balance Sheet and operations. During 2026 the shares also went through a Trading halt and a later resumption, and several analysts trimmed their price targets.

Against that backdrop, the absence of a dividend reads as part of a wider reset rather than an isolated decision. The board has not published a timetable for any return to payouts. The latest close of C$8.37 on 10 November 2026 followed a two-cent gain in that session, a quiet move against the broader turbulence of the year.

Reading the trailing numbers

Only one payment, the C$0.15 that went ex on 31 December 2025, falls inside the window from 12 November 2025 to 11 November 2026. On the C$8.37 close of 10 November 2026, that produces a trailing yield of 1.79%. The figure will drop to zero once the December ex-date rolls out of the window next month.

An earlier data set listed a C$6.98 price and a 6.24% trailing yield. The latest close is higher, and the payment history supports a much smaller trailing figure, so those older numbers should not be relied upon. Holders should therefore treat any screen showing a positive forward yield for the stock with caution.

What a restart would require

Any resumption would need a fresh declaration from the board, with a new amount, record date and payment date. Until such a declaration appears, the shares offer exposure to the restructuring without a current dividend attached, and income-focused holders are left watching quarterly updates for a change in tone. Any new rate would also be measured against the C$0.60 annual level paid through 2025, which remains the reference point for long-standing holders.