As per Archer-Daniels-Midland Company (NYSE:ADM)’s news release on 2016-05-05, its shareholders will get cash dividend of $0.3 per share. The recent press release updated on the record date and payout date, which stands at 2016-05-18 and 2016-06-08, respectively.
The stock of Archer-Daniels-Midland Company (NYSE:ADM) will commence trading ex-dividend from 2016-05-16, until which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Archer-Daniels-Midland Company (NYSE:ADM) disbursed $1.16 in dividend compared to distribution of $0.96, a year ago. It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 16.6667%.
The past track record of five years substantiates that the average payout of Archer-Daniels-Midland Company (NYSE:ADM) stands at $0.839, implying 13.2957% growth. The company recorded earnings of $0.6 a share in the preceding fiscal.
The interim price target for Archer-Daniels-Midland Company (NYSE:ADM) is set at $40.666. This level is the mean price reached by averaging the stock views of 6 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate is seen at $50 and the lowest level is established at 33. This broad range highlights a standard deviation of $6.801 in reported estimates.
AlphaOne has allotted A sentiment score of 0.31 to Archer-Daniels-Midland Company (NYSE:ADM) while impact score assigned is 90 as on as on 2016-06-18.
1 Chart Pattern Every Investor Should Know
This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...