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

Archer Daniels Midland Company (NYSE:ADM) declared a quarterly dividend on Tuesday, February 3rd. Investors of record on Tuesday, February 17th will be paid a dividend of 0.52 per share on Tuesday, March 10th. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Tuesday, February 17th. This is a 2.0% increase from Archer Daniels Midland’s previous quarterly dividend of $0.51.

Archer Daniels Midland has increased its dividend payment 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 payout ratio of 44.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect Archer Daniels Midland to earn $4.86 per share next year, which means the company should continue to be able to cover its $2.04 annual dividend with an expected future payout ratio of 42.0%.

Archer Daniels Midland Stock Down 0.8%

ADM opened at $66.84 on Wednesday. The company has a quick ratio of 0.92, a current ratio of 1.37 and a debt-to-equity ratio of 0.29. The business’s fifty day simple moving average is $61.53 and its 200 day simple moving average is $60.47. Archer Daniels Midland has a 52 week low of $40.98 and a 52 week high of $69.75. The stock has a market cap of $32.12 billion, a PE ratio of 27.55, a P/E/G ratio of 4.66 and a beta of 0.71.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.07. The company had revenue of $18.56 billion for the quarter, compared to analysts’ expectations of $21.03 billion. Archer Daniels Midland had a return on equity of 8.01% and a net margin of 1.43%.Archer Daniels Midland’s revenue for the quarter was down 13.7% compared to the same quarter last year. During the same period last year, the firm posted $1.14 EPS. Archer Daniels Midland has set its FY 2026 guidance at 3.600-4.250 EPS. As a group, research analysts expect that Archer Daniels Midland will post 4.31 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Archer Daniels Midland

A number of large investors have recently modified their holdings of ADM. Vanguard Group Inc. lifted its holdings in Archer Daniels Midland by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 59,180,117 shares of the company’s stock worth $3,402,265,000 after buying an additional 536,265 shares during the period. State Street Corp raised its position in shares of Archer Daniels Midland by 0.7% in the 2nd quarter. State Street Corp now owns 34,617,404 shares of the company’s stock worth $1,827,107,000 after acquiring an additional 223,716 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Archer Daniels Midland by 3.6% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 18,076,118 shares of the company’s stock valued at $954,058,000 after purchasing an additional 620,794 shares during the period. Dodge & Cox boosted its position in shares of Archer Daniels Midland by 130.1% during the third quarter. Dodge & Cox now owns 15,068,544 shares of the company’s stock valued at $900,195,000 after purchasing an additional 8,518,920 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in Archer Daniels Midland by 2.3% in the second quarter. Geode Capital Management LLC now owns 12,457,546 shares of the company’s stock worth $654,772,000 after purchasing an additional 283,207 shares during the period. Institutional investors own 78.28% of the company’s stock.

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.