Archer Daniels Midland raises dividend for 43rd year
This marks the 43rd consecutive year of dividend increases by the agricultural processor and food ingredient provider.
Archer Daniels Midland Company will raise its quarterly dividend by 4.7 percent to $0.335 per share in 2018. The new dividend yield for ADM is 3.2%.
The next dividend is payable on March 13, 2018, to shareholders of record on Feb. 20, 2018. This is ADM’s 345th consecutive quarterly payment, a record of 86 years of uninterrupted dividends. The company has no increased its dividend for 43 consecutive years.
Last year ADM hiked its dividend for the 42nd consecutive year.
For more than a century, the people of Archer Daniels Midland Company (NYSE: ADM) have transformed crops into products that serve the vital needs of a growing world. Today, we’re one of the world’s largest agricultural processors and food ingredient providers, with approximately 31,000 employees serving customers in more than 170 countries. With a global value chain that includes approximately 500 crop procurement locations, 270 ingredient manufacturing facilities, 44 innovation centers and the world’s premier crop transportation network, we connect the harvest to the home, making products for food, animal feed, industrial and energy uses.
