Archer Daniels Midland has been appointed to the Dividend channel List “ SAFE 25 ”, which means a stock with above average “ DividendRank ” stats, including a solid 2.2% return, plus a superb track record of at least two decades of dividend growth, according to the most recent “ DividendRank ” report.
, and is also an underlying stake representing 1.14% of the SPDR S&P Dividend ETF (SDY)
, which owns $ 227,855,955 from ADM
Archer Daniels Midland made the “Dividend Channel SAFE 25” list because of these qualities: S. Solid return – high efficiency and solid DividendRank characteristics; A. Accelerated amount – the dividend increases steadily over time; F. Flawless history – never a missed or lowered dividend; E. Sustainable – at least two decades of dividend payments.
The annualized dividend paid by Archer Daniels Midland is $ 1.48 / share, currently paid in quarterly installments, and its last ex-date dividend was 05/18/2021. Below is a chart of ADM’s long-term dividend history, which the report highlighted as being of utmost importance.
ADM operates in the Food and Beverage sector, among companies such as Mondelez International