ADM Increases Cash Dividend
Southport, NC – The Board of Directors of Archer Daniels Midland Company (NYSE: ADM) today declared a cash dividend of 15 cents per share on the Company’s stock payable March 11, 2010, to Stockholders of record February 18, 2010. This is an increase of one cent a share.
This is ADM’s 313th consecutive quarterly payment, a record of 78 years of uninterrupted dividends. As of December 31, 2009, there were 642,567,973 shares of ADM stock outstanding.
Archer Daniels Midland Company (NYSE: ADM) has 28,000 employees world at more than 230 processing plants, converting corn, oilseeds, wheat and cocoa into products for food, animal feed, chemical and energy uses. They operate the world’s most intricate crop origination and transportation network, connecting crops and markets in more than 60 countries. Their global headquarters is in Decatur, Illinois, and net sales for the fiscal year ending June 30, 2009, were $69 billion.
