Archer Daniels Extending Royal Dividend Run With 2% Boost

Dow Jones02-03 19:10
 

By Colin Kellaher

 

Archer Daniels Midland's board has bumped up the quarterly dividend by 2%, to 52 cents a share from 51 cents, making it 53 straight years that the agribusiness giant has boosted its payout.

The new quarterly rate, equal to $2.08 a year, represents an annual yield of about 3.06% based on Monday's closing price of $68.08, up from 3%.

The dividend boost maintains ADM's spot in the S&P 500 Dividend Aristocrats Index, whose 69 members have paid a higher dividend for at least 25 straight years, as well as its place on the smaller list of dividend kings--those who have boosted their dividends annually for at least a half century. That group currently counts 57 members, according to website Sure Dividend.

The Chicago company on Tuesday said the increased dividend is payable March 10 to shareholders of record Feb. 17.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

February 03, 2026 06:10 ET (11:10 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment