Archer Daniels Midland Company (ADM) to Issue Quarterly Dividend of $0.52 on June 10th

Archer Daniels Midland Company (NYSE:ADM) declared a quarterly dividend on Wednesday, May 6th. Investors of record on Wednesday, May 20th will be given a dividend of 0.52 per share on Wednesday, June 10th. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, May 20th.

Archer Daniels Midland has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 53 consecutive years. Archer Daniels Midland has a dividend payout ratio of 45.5% indicating that its dividend is sufficiently covered by earnings. Analysts expect Archer Daniels Midland to earn $4.99 per share next year, which means the company should continue to be able to cover its $2.08 annual dividend with an expected future payout ratio of 41.7%.

Archer Daniels Midland Stock Performance

Shares of ADM opened at $80.38 on Monday. The company has a quick ratio of 0.80, a current ratio of 1.31 and a debt-to-equity ratio of 0.28. Archer Daniels Midland has a 52-week low of $46.81 and a 52-week high of $83.10. The stock has a 50 day moving average price of $72.21 and a 200 day moving average price of $65.85. The company has a market capitalization of $38.74 billion, a price-to-earnings ratio of 36.05 and a beta of 0.59.

Archer Daniels Midland (NYSE:ADM) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.05. The company had revenue of $20.49 billion for the quarter, compared to analysts’ expectations of $21.35 billion. Archer Daniels Midland had a net margin of 1.34% and a return on equity of 7.37%. Archer Daniels Midland’s revenue was up 1.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.70 EPS. Archer Daniels Midland has set its FY 2026 guidance at 4.150-4.70 EPS. Research analysts predict that Archer Daniels Midland will post 4.43 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have issued reports on ADM shares. Barclays lifted their target price on shares of Archer Daniels Midland from $77.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Zacks Research raised shares of Archer Daniels Midland from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Archer Daniels Midland in a research note on Monday, April 20th. BMO Capital Markets reiterated a “market perform” rating and set a $63.00 target price on shares of Archer Daniels Midland in a report on Wednesday, February 4th. Finally, Wall Street Zen upgraded Archer Daniels Midland from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Archer Daniels Midland presently has a consensus rating of “Hold” and a consensus target price of $74.50.

Archer Daniels Midland Company Profile

Archer Daniels Midland Company (ADM) is a global agricultural processor and food-ingredient provider that sources, transports and processes oilseeds, corn, wheat and other agricultural commodities. The company operates large-scale crushing, refining and processing facilities that produce vegetable oils, protein meals, corn sweeteners, starches, ethanol, animal feeds and a wide range of food and industrial ingredients. ADM also develops specialty ingredients and solutions for human and animal nutrition, food and beverage formulation, and industrial applications such as bio-based materials and renewable fuels.

ADM’s business combines commodity origination and merchandising with downstream manufacturing and ingredient formulation.