Archer Daniels Midland Company(NYSE:ADM) Declares Dividend of $0.3000.

Archer Daniels Midland Company (NYSE:ADM) had declared a cash dividend of $0.3000 on Aug 3, 2016. The shares will quote ex-dividend on Aug 15, 2016 and the record date has been fixed for Aug 17, 2016. On Aug 3, 2016 share price, the yield comes out to be 2.7618%. The dividend payable date has been fixed on Sep 7, 2016.

In a different note, BB&T Capital said it Initiates Coverage on Archer Daniels Midland Company, according to a research note issued on Jul 12, 2016. The shares have been rated ‘Hold’ by the firm. On May 26, 2016, Citigroup said it Upgrades its rating on Archer Daniels Midland Company. In the research note, the firm Raises the price-target to $42.00 per share. The shares have been rated ‘Buy’ by the firm.

Archer Daniels Midland Company (ADM) made into the market gainers list on Fridays trading session with the shares advancing 0.32% or 0.14 points. Due to strong positive momentum, the stock ended at $44.07, which is also near the day’s high of $44.2. The stock began the session at $43.85 and the volume stood at 21,77,321 shares. The 52-week high of the shares is $48.165 and the 52 week low is $29.86. The company has a current market capitalization of $25,638 M and it has 58,17,63,200 shares in outstanding.

Archer Daniels Midland Company(ADM) last announced its earnings results on Aug 2, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $15.63B. Analysts had an estimated revenue of $16.36B. Earnings per share were $0.41. Analysts had estimated an EPS of $0.45.

Several Insider Transactions has been reported to the SEC. On Aug 1, 2016, Ambrose Michael D (Senior Vice President) sold 41,525 shares at $45.00 per share price.Also, On May 26, 2016, Joseph D. Taets (Senior Vice President) sold 3,867 shares at $43.00 per share price.On May 18, 2016, Francisco J Sanchez (director) purchased 500 shares at $37.44 per share price, according to the Form-4 filing with the securities and exchange commission.

Archer-Daniels-Midland Company is a processor of oilseeds corn wheat cocoa and other agricultural commodities and manufactures protein meal vegetable oil corn sweeteners flour biodiesel ethanol and other value-added food and feed ingredients. The Company’s segments include Oilseeds Processing Corn Processing Agricultural Services and Wild Flavors and Specialty Ingredients. The Corn Processing segment is engaged in corn wet milling and dry milling activities. The Agricultural Services segment utilizes its United States grain elevator global transportation network and port operations to buy store clean and transport agricultural commodities such as oilseeds corn wheat milo oats rice and barley and resells these commodities primarily as food and feed ingredients and as raw materials for the agricultural processing industry. Wild Flavors’ products include flavors colors sweeteners and health ingredients as well as ready-to-market concepts and complete solutions.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Archer Daniels Midland Company - Is it time to Sell?

Top Brokerage Firms are advising their investors on Archer Daniels Midland Company. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.