DECATUR, Ill.--(BUSINESS WIRE)--The Board of Directors of Archer Daniels Midland Company (NYSE: ADM) today declared a cash dividend of 16 cents per share on the company’s stock payable March 10, 2011, to Stockholders of record February 17, 2011.
This is ADM’s 317th consecutive quarterly payment, a record of 79 years of uninterrupted dividends. As of December 31, 2010, there were 637,252,799 shares of ADM stock outstanding.
Every day, the 29,000 people of Archer Daniels Midland Company (NYSE: ADM) turn crops into renewable products that meet the demands of a growing world. At more than 240 processing plants, we convert corn, oilseeds, wheat and cocoa into products for food, animal feed, chemical and energy uses. We operate the world’s premier crop origination and transportation network, connecting crops and markets in more than 60 countries. Our global headquarters is in Decatur, Illinois, and our net sales for the fiscal year ended June 30, 2010, were $62 billion. For more information about our company and our products, visit www.adm.com.
Archer Daniels Midland Company
David Weintraub, 217-424-5413
Director, External Communications