date:Dec 19, 2013
The board of directors of Archer Daniels Midland Co. on Dec. 16 raised its regular quarterly dividend 26%, to 24c per share from 19c per share. The new dividend will be payable March 13, 2014, to stockholders of record at the close of business on Feb. 20, 2014.
Our continued strong cash flow generation and our confidence in the future earnings power of our company allow us to significantly increase our quarterly dividend, said Patricia Woertz, chairman and chief executive officer of ADM. Histor