Yesterday, January 25th the Board of Directors of
Archer-Daniels-Midland Company (ADM) announced
a quarterly dividend increase of from $ 0.37 to $ 0.40 per share that’s payable
March 1, 2022 to holders of record February 8, 2021. This represents an 8.11%
increase over the last quarterly dividend.
“Last month, at our Global Investor Day, we unveiled our
strategic plan and reiterated our balanced financial framework for value
creation, including using our strong cash flows to deliver both growth
investments and distributions to shareholders. We’re confident in our plan and
committed to continuing to deliver value for our shareholders, which is why
today, in addition to reporting our outstanding 2021 results and a strong 2022
outlook, we’re pleased to announce an 8% increase in our quarterly dividend.
We’re proud of our record of more than 40 years of annual dividend growth, and
excited about our future,” said Chairman and CEO Juan Luciano.
This is the 47th year of consecutive annual dividend
increases for this dividend aristocrat.