Polliesdividend

Dividend Increase Archer Daniels Midland Co (ADM)

This week ADM announced a 7.14% increase in its quarterly dividend. It was the 41th consecutive annual dividend increase. The dividend is raised from $0.28 to $0.30. The dividend pay date is March 8, 2016 to shareholders of record on February 16, 2016 (ex dividend February 11, 2016).

The new dividend amount represents an annualized dividend amount of $1.20 per share, up from $1.12. The dividend yield on current price is 3.71 %.

My Vrijheid Fonds consist of 41 shares of ADM, so my annual dividends will increase by $2.79 (after taxes).

My projected annual total amount from my shares of ADM will be € 41 after taxes.

 

Cheers,

Pollie

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4 thoughts on “Dividend Increase Archer Daniels Midland Co (ADM)

  1. DivHut

    Considering the headwinds ADM is facing these days a 7.1% increase in dividend is welcomed by me. The stock really has suffered in the last year but the dividend is still quite safe. Thanks for sharing. Always great to read about dividends going up.

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