Archer Daniels Midland Company (ADM) will raise its quarterly dividend by 7.7 percent to $0.14 per share in 2009.
Archer Daniels Midland Company is a producer of food and beverage ingredients, and other products made from oilseeds, corn, wheat, and other agricultural commodities. The Company's products include natural flavors and colors, health and nutrition products, vegetable oil, corn sweeteners, flour, animal feed, and biofuels. Archer-Daniels-Midland was incorporated in Delaware in 1923, successor to the Daniels Linseed Co. founded in 1902.