On Tuesday, February 3, 2026, the Board of Directors of Archer-Daniels-Midland Company (ADM) announced a quarterly dividend increase from $0.51 to $0.52 per share, payable on March 10, 2026, to shareholders of record on February 17, 2026. This represents a 1.96% increase over the previous quarterly dividend.
This latest increase marks ADM’s 377th consecutive quarterly dividend payment, extending its remarkable track record to 53 consecutive years of dividend growth and more than 94 consecutive years of uninterrupted dividend payments.
Current Dividend Yield and Income Impact
At todays open price of $68.90, this increase raises ADM’s forward dividend yield to approximately 3.02%, keeping it competitive within the consumer staples and agribusiness space.
As an owner of 85 shares of Archer-Daniels-Midland, the recent dividend increase adds $2.53 to my projected annual net dividend income. I was expecting an increase closer to 3%, so this one-cent raise was a slight disappointment, although it was consistent with last year’s increase.
Dividend Growth History
Archer-Daniels-Midland is a Dividend Champion, currently boasting a 50-year streak of dividend increases. According to the Dividend Champions list, ADM’s dividend growth rates are as follows:
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1-year: 2.0%
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3-year: 8.4%
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5-year: 7.2%
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10-year: 6.2%
This increase represents the tenth consecutive raise I’ve received from ADM since acquiring my first shares in February 2016. Over that period, the quarterly dividend has grown steadily from $0.30 to $0.52 per share, representing a 73.3% increase, which I consider quite reasonable given the company’s cyclical nature.
At the time of writing, ADM accounts for approximately 0.58% of my portfolio and contributes about 0.47% of my projected annual dividend income. Following this increase, my yield on cost stands at 5.85%.
Quick Valuation Take
At the current price of $66.33, Archer-Daniels-Midland is trading at a reasonable valuation relative to its historical averages. The stock offers a mid-3% dividend yield and a conservative earnings multiple for a Dividend Champion with more than five decades of dividend growth. While near-term earnings may remain pressured by softer agricultural margins, the valuation already reflects much of this uncertainty, making ADM fairly valued for long-term income-focused investors.
Dividend Safety and Outlook
ADM’s dividend remains well covered by earnings and operating cash flow, supported by the company’s diversified agribusiness model and disciplined capital allocation. Even with a modest increase this year, the payout ratio remains conservative, providing ample room to sustain the dividend through commodity cycles. Going forward, investors should likely expect low-to-mid single-digit dividend growth, with safety and reliability taking priority over aggressive increases.
Final Thoughts
While this year’s dividend increase was on the lower end of expectations, ADM’s longevity, consistency, and commitment to returning capital continue to make it a dependable long-term holding in my dividend growth portfolio. Even modest increases compound nicely over time when paired with a multi-decade dividend record.
Summary of 2026 Dividend Increases / Cuts
Full Disclosure: Long ADM
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