Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.

Archer Daniels Midland Keeps Dividend Steady

Archer Daniels Midland (NYSE: ADM  ) is continuing its long history of paying dividends. The company has declared its latest common stock distribution, which is to be $0.19 per share paid on September 12 to shareholders of record as of August 22. That amount matches both of the firm's previous two distributions, the most recent of which was paid at the beginning of June. Prior to that, Archer Daniels Midland handed out $0.175 per share.

The firm has paid dividends since 1975, and so far this century has been reliable and steady in distributing them. Over the past decade, the quarterly disbursement has climbed from $0.06 to the present level.

The just-declared dividend annualizes to $0.76 per share. That yields at a little more than 2% at Archer Daniels Midland's most recent closing stock price of $37.76.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2584681, ~/Articles/ArticleHandler.aspx, 3/30/2015 7:06:30 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Apple's next smart device (warning, it may shock you

Apple recently recruited a secret-development "dream team" to guarantee its newest smart device was kept hidden from the public for as long as possible. But the secret is out. In fact, ABI Research predicts 485 million of this type of device will be sold per year. But one small company makes Apple's gadget possible. And its stock price has nearly unlimited room to run for early-in-the-know investors. To be one of them, and see Apple's newest smart gizmo, just click here!