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

Key Points

• ADM declared a quarterly dividend of $0.52 per share, payable September 9 to shareholders of record on August 19. The annualized dividend is $2.08 per share, yielding approximately 2.7%.
• The company has raised its dividend for 53 consecutive years, with a payout ratio of 45.5%; analysts expect earnings to sufficiently cover the projected $2.08 annual dividend.
• ADM reported quarterly EPS of $1.84, exceeding estimates of $1.49, while revenue rose 7.2% year over year to $22.68 billion. Shares opened at $77.70, down 2.7%.

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

Archer Daniels Midland has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 53 consecutive years. Archer Daniels Midland has a dividend payout ratio of 45.5% meaning its dividend is sufficiently covered by earnings. 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 Stock Down 2.7%

Shares of NYSE ADM opened at $77.70 on Thursday. The stock has a market cap 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 has a 12-month low of $55.58 and a 12-month high of $88.46. The business's fifty day simple moving average is $80.15 and its 200-day simple moving average is $74.27.

Archer Daniels Midland (NYSE:ADM - Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported $1.84 EPS for the quarter, topping 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 firm had revenue of $22.68 billion during the quarter, compared to analysts' expectations of $22.75 billion. During the same period in the previous year, the firm posted $0.93 EPS. Archer Daniels Midland's revenue for the quarter was up 7.2% on a year-over-year basis. Archer Daniels Midland has set its FY 2026 guidance at 5.150-5.600 EPS. As a group, equities analysts predict that Archer Daniels Midland will post 5.21 EPS for the current fiscal year.

Archer Daniels Midland Company Profile

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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