Archer-Daniels-Midland operates as one of the largest companies within the agricultural space and currently trades at a discount to fair value. Segments within ADM have seen operating profit decreases due to external factors, rather than fundamental flaws of the business. The dividend yield is low at 3.2% but it has averaged a high single-digit CAGR over the last decade, making it a good dividend growth company.
ADM (ADM) reported earnings 30 days ago. What's next for the stock?
In the latest trading session, Archer Daniels Midland (ADM) closed at $60.03, marking a -1.41% move from the previous day.
Stocks outperform all other assets over time. Not gold, bonds, oil, U.S. Treasuries or real estate surpass the wealth-generating abilities of stocks over the last 100 years.
Fundamentally, the case for dividend kings to buy couldn't be simpler: investors are banking on the proven stability of the underlying enterprises. Since qualifying for the dividend king title involves providing rising annual payouts for at least 50 consecutive years, you can bet that these companies benefit from reliable businesses.
Archer Daniels (ADM) progresses well on its strategic growth pillars. The company is also actively managing productivity and innovation.