Archer Daniels Midland Co Stock Price, News & Analysis

ADM's Board of Directors declared a cash dividend of 40.0 cents per share, an 8.1% increase from the previous quarter. This marks the 361st consecutive quarterly payment and showcases ADM's commitment to shareholder value. The dividend will be paid on March 1, 2022, to shareholders of record by February 8, 2022. The announcement follows a successful Global Investor Day, where ADM outlined its strategic plans and strong 2022 outlook, reinforcing a history of over 40 years of annual dividend growth.

ADM reported record full-year net earnings of $2.7 billion for 2021, with adjusted net earnings reaching $2.9 billion. The company experienced a 34% increase in segment operating profit. Fourth quarter EPS was $1.38, up from $1.22 in 2020, with adjusted EPS at $1.50. The board announced an 8% increase in quarterly dividends, reflecting strong performance and strategic alignment with growth in food security and sustainability. ADM expects to continue this momentum into 2022, aiming for an EPS target of $6.00-$7.00.

ADM will announce its financial results for Q4 2021 on January 25, 2022, before market open. A slide presentation will be available for download simultaneously. The company plans to host a webcast at 8 a.m. Central Time to discuss these results and provide updates. Investors can access both the webcast and the downloadable presentation through www.adm.com/webcast. This session will also be available for replay for an extended period.

Wolf Carbon Solutions and ADM have signed a Letter of Intent to develop a carbon dioxide pipeline to further decarbonize ADM's operations. The 350-mile pipeline will transport up to 12 million tons of CO₂ annually from ADM's facilities in Clinton and Cedar Rapids to a sequestration site in Decatur, Illinois. This initiative aims to enhance ESG commitments and carbon reduction efforts, showcasing ADM's leadership in the low carbon transition and its substantial experience in CO₂ sequestration.

ADM has announced the acquisition of Flavor Infusion International, S.A. (FISA), expanding its flavor and specialty ingredient solutions in Latin America and the Caribbean. This strategic move supports ADM's Nutrition segment, which has seen profit growth of 15-20% annually and flavors business growth exceeding 10%. The acquisition adds FISA's 60-member team and two manufacturing facilities in Panama and Colombia, enhancing ADM's global capabilities in these markets. This deal aims to bolster ADM's product offerings and market reach.

Marathon Petroleum Corp. (MPC) and ADM have finalized their joint venture, Green Bison Soy Processing, LLC, to produce soybean oil aimed at meeting the rising demand for renewable diesel fuel. With a 75% stake held by ADM and 25% by MPC, this $350 million facility in Spiritwood, North Dakota is set to process local soybeans, generating around 600 million pounds of refined soybean oil annually. The output will be dedicated to MPC for approximately 75 million gallons of renewable diesel per year.

ADM hosted its 2021 Global Investor Day, outlining a strategy aimed at achieving earnings growth of $6.00-$7.00 per share by 2025. The plan includes net incremental operating profit growth of $1.2B and targets $1.25-$1.5B in operating profit for its Nutrition segment. The company aims for a $1B economic value-add and plans to repurchase $5B in shares. Additionally, ADM committed to reducing Scope 3 GHG emissions by 25% by 2035, reinforcing its focus on sustainability.