Wednesday, February 6, 2019

Dividend Increase – Archer Daniels Midland Company (ADM)



Yesterday, February 5, the Board of Directors of Archer Daniels Midland Company announced a quarterly dividend increase of from $ 0.335 to $ 0.35 per share that’s payable March 12, 2019 to holders of record February 19, 2019. The declared dividend represents a 4.48 percent increase from the prior quarterly rate.

With current price $ 41.85 (yesterday's close), this raise brings their dividend yield to 3.35%.


Since I own 85 shares of ADM, this will increase my portfolio's projected annual net dividend income by $ 3.80.

This increase rises my YOC to 3.93%.


Summary of 2019 Dividend Increases / Cuts

No.
Ticker
Increase %
Net Increase
Net Increase



$
1
TSX:CU
7.48%
8.14
9.93
2
O
2.04%
3.00
3.42
3
OKE
0.58%
0.65
0.75
4
WEC
6.79%
1.47
1.68
5
KMB
3.00%
1.02
1.16
6
INTC
5.00%
15.81
17.88
 7
 TELIA1
2.61% 
13.00 
14.82 
8
NCC
-50.00%
-86.22
-98.61
9
CVX
6.25%
10.90
12.52
10
UPM
13.04%
122.93
140.95
11
GILD
10.53%
5.47
6.26
12
ADM
4.48%
3.33
3.80






TOTAL

€99.48
$114.55

Increases have been reported by deducting a 25.5% capital income tax.


Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Full Disclosure: Long ADM

Thanks for stopping by!

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