Archer Daniels Midland Co Stock Price, News & Analysis

ADM’s Board of Directors has announced a cash dividend of 37.0 cents per share, marking a 2.78% increase from the previous quarter’s dividend of 36.0 cents. This dividend is set to be paid on March 2, 2021, to shareholders recorded by Feb. 9, 2021. This declaration represents ADM's 357th consecutive quarterly payment and continues its impressive record of 89 years of uninterrupted dividends. As of December 31, 2020, ADM had 556,104,261 shares of common stock outstanding.

ADM reported robust financial results for Q4 and the fiscal year ending December 31, 2020, with adjusted EPS of $1.21, compared to $1.42 in 2019. The company achieved a segment operating profit of $1.1 billion, with significant contributions from Ag Services and Oilseeds, which surpassed $2 billion in profits. Nutrition saw a 37% increase in operating profit. ADM anticipates continued growth in 2021 driven by strong demand and operational excellence.

ADM (NYSE: ADM) will announce its fourth-quarter financial results on January 26, 2021, before market opening. The company will host a webcast at 8 a.m. Central Time to discuss these results and provide updates. A slide presentation will be accessible for download during this time. ADM emphasizes its commitment to sustainability and innovation in the nutrition industry, serving both human and animal markets globally, and positioning itself as a leader in agricultural origination and processing.

ADM (NYSE: ADM) has announced it will cease production of dry lysine in the first half of 2021, shifting its focus to liquid and encapsulated lysine products. The decision comes as global industry capacity for dry lysine has outpaced demand. President Pierre Joseph Paoli emphasized their commitment to meeting evolving customer needs with innovative products and superior service. Notably, ADM has been collaborating with swine and poultry feed producers to facilitate this transition, including the launch of NutriPass L, an advanced encapsulated lysine solution aimed at enhancing animal nutrition.

ADM (NYSE: ADM) will showcase its commitment to sustainability at Bloomberg's Sustainable Business Summit Global on Nov. 30, featuring Chairman and CEO Juan Luciano in a session at 2 p.m. EST. Luciano will address the food industry's challenges and how ADM develops sustainable solutions to meet the nutritional needs of the growing global population.

As a summit advisor, ADM emphasizes its role in unlocking nature's power to enhance nutrition worldwide. Registration for the event is free, with more details available here.

ADM (NYSE: ADM) will present at the 2020 Stephens Annual Investment Conference on Nov. 19 at 8 a.m. Central Time. Chairman and CEO Juan Luciano and President Greg Morris will lead the presentation, which will be available via a live webcast. A replay will be accessible for a limited time afterward. ADM is a global leader in nutrition, focusing on sustainability and innovative solutions for food, beverages, and health.

For more information, visit www.adm.com/webcast.

ADM (NYSE: ADM) has declared a cash dividend of 36.0 cents per share on its common stock, payable on December 10, 2020, to shareholders of record on November 19, 2020. This marks ADM's 356th consecutive quarterly payment, representing an impressive 89 years of uninterrupted dividends. As of September 30, 2020, ADM had 555,954,513 shares of common stock outstanding, reflecting its robust financial management and commitment to returning value to shareholders.