ADM's (NYSE:ADM) Board of Directors has declared a cash dividend of 50.0 cents per share on the company's common stock, an approximately 11% increase from last quarter's dividend of 45.0 cents per share. The dividend is payable on Feb. 29, 2024, to shareholders of record on Feb. 8, 2024.

This is ADM's 369th consecutive quarterly payment, a record of more than 92 years of uninterrupted dividends. As of Dec. 31, 2023, there were 513,612,404 shares of ADM common stock outstanding.

About ADM

ADM unlocks the power of nature to enrich the quality of life. We're a premier global human and animal nutrition company, delivering solutions today with an eye to the future. We're blazing new trails in health and well-being as our scientists develop groundbreaking products to support healthier living. We're a cutting-edge innovator leading the way to a new future of plant-based consumer and industrial solutions to replace petroleum-based products. We're an unmatched agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. And we're a leader in sustainability, scaling across entire value chains to help decarbonize our industry and safeguard our planet. From the seed of the idea to the outcome of the solution, we give customers an edge in solving the nutritional and sustainability challenges of today and tomorrow. Learn more at www.adm.com.

Source: Corporate Release

Source: ADM

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ADM Declares Cash Dividend