Archer-Daniels-Midland Company: A Strong Contender in Affordable Dividend Stocks

Reported 3 days ago

Archer-Daniels-Midland Company (ADM) is highlighted as one of the top affordable dividend stocks, with a 93-year history of paying dividends and a consistent annual raise streak of 51 years. The company, a leader in agricultural processing, reported $86 billion in revenue for 2024 and offers a quarterly dividend of $0.51 per share, yielding 3.44%. Despite challenges in profit margins and demand fluctuations, ADM's size and vertical integration position it well for long-term growth amidst increasing global food and biofuel demands.

Source: YAHOO

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