Archer Daniels Midland raises dividend for 42nd year

Archer Daniels Midland (ADM) will raise its dividend by 6.7%.
The quarterly dividend will be increased from $0.30 to $0.32 per share.

The increased dividend is payable on March 14, 2017, to shareholders of record on Feb. 21, 2017.

This is ADM’s 341st consecutive quarterly payment, a record of 85 years of uninterrupted dividends. ADM is a Dividend Aristocrat, having raised its dividend for 42 consecutive years.

Archer Daniels Midland has raised its dividend for 42 straight years

Archer-Daniels-Midland Company is a processor of oilseeds, corn, wheat and other agricultural commodities and manufactures protein meal, vegetable oil, corn sweeteners, flour, biodiesel, ethanol, and other food and feed ingredients.