Archer Daniels Midland Co (NYSE:ADM) declared a quarterly dividend on Thursday, November 7th, RTT News reports. Stockholders of record on Thursday, November 21st will be paid a dividend of 0.35 per share on Thursday, December 12th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.21%.
Shares of NYSE ADM traded up $0.72 during mid-day trading on Thursday, reaching $43.60. 100,942 shares of the company traded hands, compared to its average volume of 2,738,228. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.92 and a current ratio of 1.60. The stock has a market cap of $23.97 billion, a PE ratio of 12.45 and a beta of 1.10. The company’s fifty day moving average is $40.72 and its two-hundred day moving average is $40.38. Archer Daniels Midland has a fifty-two week low of $36.45 and a fifty-two week high of $48.99.
Archer Daniels Midland (NYSE:ADM) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.77 EPS for the quarter, beating the Zacks’ consensus estimate of $0.67 by $0.10. The business had revenue of $16.73 billion for the quarter, compared to analyst estimates of $16.18 billion. Archer Daniels Midland had a return on equity of 8.06% and a net margin of 1.85%. The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.92 EPS. Research analysts forecast that Archer Daniels Midland will post 2.57 earnings per share for the current year.
About Archer Daniels Midland
Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States and internationally. The company operates through four segments: Origination, Oilseeds, Carbohydrate Solutions, and Nutrition. It buys, stores, cleans, and transports agricultural commodities, such as oilseeds, corn, wheat, milo, oats, rice, and barley, as well as resells these commodities primarily as food and feed ingredients and as raw materials for the agricultural processing industry.
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