CHICAGO--(BUSINESS WIRE)-- Archer Daniels (ADM) Midland Company’s (NYSE: ADM) Board of Directors has declared a cash dividend of 33.5 cents per share on the company’s common stock, a 4.7 percent increase from last quarter’s dividend of 32 cents per share. The dividend is payable on March 13, 2018, to shareholders of record on Feb. 20, 2018.
This is ADM’s 345th consecutive quarterly payment, a record of 86 years of uninterrupted dividends. As of Dec. 31, 2017, there were 557,427,852 shares of ADM common stock outstanding.
For more than a century, the people of Archer Daniels Midland Company (NYSE: ADM) have transformed crops into products that serve the vital needs of a growing world. Today, we’re one of the world’s largest agricultural processors and food ingredient providers, with approximately 31,000 employees serving customers in more than 170 countries. With a global value chain that includes approximately 500 crop procurement locations, 270 ingredient manufacturing facilities, 44 innovation centers and the world’s premier crop transportation network, we connect the harvest to the home, making products for food, animal feed, industrial and energy uses. Learn more at www.adm.com.
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Archer Daniels Midland Company
Source: Archer Daniels Midland CompanyCopyright Business Wire 2018