Tuesday, February 7, 2017

Dividend Increase – Archer Daniels Midland Company (ADM)


Today the board of directors of Archer Daniels Midland Company announced a dividend increase of from $ 0.30 to $ 0.32 per share that’s payable March 14, 2017 to holders of record February 21, 2017. This represents a 6.67% increase to regular quarterly dividends. This is ADM’s 341st consecutive quarterly payment, a record of 85 years of uninterrupted dividends. 

With current price $ 44.02 (yesterday's close), this raise brings their dividend yield to 2.91%. 

Since I own 60 shares this will increase my yearly net dividends by $ 3.58.

That increase rises my YOC to 3.89% 

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Thanks for stopping by!

4 comments:

  1. DivHutFebruary 7, 2017 at 8:27 PM

    Nice increase from this dividend stalwart. Happy to have it in my portfolio too!

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  2. Krösus SorkFebruary 7, 2017 at 11:15 PM

    Have it also. Pleased with the raise.

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  3. Dividends 4 FutureFebruary 7, 2017 at 11:39 PM

    Go ADM, have it on my portfolio too, so far every company on my portfolio has increased

    ReplyDelete
  4. FerdiS, DivGroFebruary 8, 2017 at 1:10 AM

    Congratulations on the increase! Unfortunately I'm don't own ADM but it's always fun to celebrate dividend increases!

    ReplyDelete