Archer Daniels Midland Company Announces Quarterly Dividend of $0.52 (NYSE:ADM)

Archer Daniels Midland Company (NYSE:ADMGet Free Report) announced a quarterly dividend on Wednesday, May 6th. Investors of record on Wednesday, May 20th will be paid a dividend of 0.52 per share on Wednesday, June 10th. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date is Wednesday, May 20th.

Archer Daniels Midland has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 53 years. Archer Daniels Midland has a payout ratio of 45.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Archer Daniels Midland to earn $4.75 per share next year, which means the company should continue to be able to cover its $2.08 annual dividend with an expected future payout ratio of 43.8%.

Archer Daniels Midland Stock Performance

NYSE:ADM traded down $0.08 during mid-day trading on Thursday, hitting $77.94. 425,913 shares of the company’s stock traded hands, compared to its average volume of 3,926,685. The firm has a 50 day moving average of $70.53 and a two-hundred day moving average of $64.99. Archer Daniels Midland has a 12 month low of $46.81 and a 12 month high of $81.75. The firm has a market capitalization of $37.56 billion, a price-to-earnings ratio of 35.03 and a beta of 0.59. The company has a current ratio of 5.81, a quick ratio of 0.83 and a debt-to-equity ratio of 0.33.

Archer Daniels Midland (NYSE:ADMGet Free Report) last announced its earnings results on Tuesday, May 5th. The company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.05. The firm had revenue of $20.49 billion during the quarter, compared to the consensus estimate of $21.35 billion. Archer Daniels Midland had a return on equity of 7.37% and a net margin of 1.34%.The firm’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. On average, equities analysts forecast that Archer Daniels Midland will post 4.56 earnings per share for the current fiscal year.

Archer Daniels Midland Company Profile

(Get Free Report)

Archer Daniels Midland Company (ADM) is a global agricultural processor and food-ingredient provider that sources, transports and processes oilseeds, corn, wheat and other agricultural commodities. The company operates large-scale crushing, refining and processing facilities that produce vegetable oils, protein meals, corn sweeteners, starches, ethanol, animal feeds and a wide range of food and industrial ingredients. ADM also develops specialty ingredients and solutions for human and animal nutrition, food and beverage formulation, and industrial applications such as bio-based materials and renewable fuels.

ADM’s business combines commodity origination and merchandising with downstream manufacturing and ingredient formulation.

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Dividend History for Archer Daniels Midland (NYSE:ADM)

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