Monsanto Company  (NYSE: MON) today announced that its Board of Directors has declared a quarterly dividend on its common stock of 10 cents per share. The dividend is for the fourth quarter of fiscal year 2006 and will be payable on Oct. 27, 2006, to shareowners of record on Oct. 6, 2006. The quarterly dividend has been adjusted to reflect the company's two-for-one stock split paid on July 28, 2006.

Monsanto Company is a leading global provider of technology-based solutions and agricultural products that improve farm productivity and food quality.