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

Archer Daniels Midland Company (NYSE:ADM) announced a quarterly dividend on Wednesday, August 5th. Shareholders of record on Wednesday, August 19th will be paid a dividend of 0.52 per share on Wednesday, September 9th. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date is Wednesday, August 19th.

Archer Daniels Midland has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 53 years. Archer Daniels Midland has a dividend payout ratio of 45.5% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Archer Daniels Midland to earn $5.10 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 40.8%.

Archer Daniels Midland Price Performance

ADM stock opened at $77.70 on Thursday. The business has a 50 day simple moving average of $80.15 and a 200-day simple moving average of $74.27. Archer Daniels Midland has a twelve month low of $55.58 and a twelve month high of $88.46. The company has a market capitalization of $37.45 billion, a P/E ratio of 21.29 and a beta of 0.62. The company has a current ratio of 22.97, a quick ratio of 0.80 and a debt-to-equity ratio of 0.32.

Archer Daniels Midland (NYSE:ADM) last posted its earnings results on Tuesday, August 4th. The company reported $1.84 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.35. Archer Daniels Midland had a return on equity of 9.21% and a net margin of 2.16%.The company had revenue of $22.68 billion for the quarter, compared to analyst estimates of $22.75 billion. During the same quarter in the prior year, the company earned $0.93 earnings per share. Archer Daniels Midland’s revenue was up 7.2% compared to the same quarter last year. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, equities analysts anticipate that Archer Daniels Midland will post 5.21 EPS for the current year.

About Archer Daniels Midland

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.