Archer-Daniels-Midland Company (NYSE:ADM) Updates On Quarterly Dividend


As per Archer-Daniels-Midland Company (NYSE:ADM) statement on 2016-08-04, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.3 per share as dividend to stakeholders. The record date is set as 2016-08-17, the payout date as 2016-09-07 and the ex-dividend date is 2016-08-15.

Last fiscal Archer-Daniels-Midland Company (NYSE:ADM) disbursed cash dividend of $0.3. A year ago, the payout was $0.3, which indicates a difference of 16.6667%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.3, implying 13.2957% growth.

For the period ended on 2015-12-31, Archer-Daniels-Midland Company (NYSE:ADM)’s earnings came at $0.41 per share compared to EPS of $0.6 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-01. For this quarter, the analysts have earnings estimate of $0.54 per share.

The interim price target for Archer-Daniels-Midland Company (NYSE:ADM) is set at $43.8. This level is the mean price reached by averaging the stock views of 5 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Archer-Daniels-Midland Company (NYSE:ADM) is seen at $50 and the lowest level is established at $33. This broad range highlights a standard deviation of $6.723 in reported estimates.

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