Archer Daniels Midland As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
ADM $1.80 12.5% 8.1% 2.8%
Business yield Hike yrs 5 yr CAGR freq. paid since
Agricultural Products 2.4% 48 6.1% Quarter 1931

Dividend Aristocrat Archer Daniels Midland (ADM) will raise its quarterly dividend by 26.3 percent to $0.24 per share, marking the second dividend hike announced in 2013. The agricultural company now has raised the dividend for 39 consecutive years.

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.