ADM Announces 8% Dividend Increase in Wake of Outstanding 2021 Results, Favorable 2022 Outlook

Rhea-AI Summary

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.

Positive

• 8.1% increase in quarterly dividend.
• 361st consecutive quarterly payment, indicating strong dividend reliability.
• Ongoing commitment to shareholder value through cash distributions.

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• None.

CHICAGO--(BUSINESS WIRE)-- ADM’s (NYSE: ADM) Board of Directors has declared a cash dividend of 40.0 cents per share on the company’s common stock, an 8.1% increase from last quarter’s dividend of 37.0 cents per share.

“Last month, at our Global Investor Day, we unveiled our strategic plan and reiterated our balanced financial framework for value creation, including using our strong cash flows to deliver both growth investments and distributions to shareholders. We’re confident in our plan and committed to continuing to deliver value for our shareholders, which is why today, in addition to reporting our outstanding 2021 results and a strong 2022 outlook, we’re pleased to announce an 8% increase in our quarterly dividend. We’re proud of our record of more than 40 years of annual dividend growth, and excited about our future,” said Chairman and CEO Juan Luciano.

This is ADM’s 361st consecutive quarterly payment, a record of 90 years of uninterrupted dividends. The dividend is payable on March 1, 2022, to shareholders of record on Feb. 8, 2022. As of Dec. 31, 2021, there were 559,551,590 shares of ADM common stock outstanding.

About ADM
At ADM, we unlock the power of nature to provide access to nutrition worldwide. With industry-advancing innovations, a complete portfolio of ingredients and solutions to meet any taste, and a commitment to sustainability, we give customers an edge in solving the nutritional challenges of today and tomorrow. We’re a global leader in human and animal nutrition and the world’s premier agricultural origination and processing company. Our breadth, depth, insights, facilities and logistical expertise give us unparalleled capabilities to meet needs for food, beverages, health and wellness, and more. From the seed of the idea to the outcome of the solution, we enrich the quality of life the world over. Learn more at www.adm.com.

Source: Corporate Release

View source version on businesswire.com: https://www.businesswire.com/news/home/20220124005877/en/

ADM Media Relations

Jackie Anderson

media@adm.com

312-634-8484

Source: ADM

FAQ

What is ADM's new dividend amount for 2022?

ADM declared a new dividend amount of 40.0 cents per share.

When is ADM's dividend payable?

The dividend is payable on March 1, 2022.

What was the previous dividend amount for ADM?

The previous dividend amount was 37.0 cents per share.

What is the history of ADM's dividend payments?

ADM has a record of 90 years of uninterrupted dividends and over 40 years of annual dividend growth.

Who qualifies for ADM's dividend payment?

Shareholders of record as of February 8, 2022, qualify for the dividend payment.