Archer Daniels Midland increases dividend for 41st consecutive year

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Archer Daniels Midland (ADM) will raise its dividend by 7.1%.

The quarterly dividend will be raised to $0.30 per share, marking 41 consecutive years of dividend increases for Dividend Aristocrat Archer Daniels Midland.

The estimated dividend yield for ADM is 3.4% based on Monday's closing price of $35.46.

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