ADM Directors Declare Cash Dividend
CHICAGO--(BUSINESS WIRE)-- The Board of Directors of Archer Daniels Midland Company (NYSE: ADM) today declared a cash dividend of 13 cents per share on the Company’s stock payable June 5, 2008, to Shareholders of record May 15, 2008.
This is ADM’s 306th consecutive quarterly payment, a record of 76 years of uninterrupted dividends. As of March 31, 2008, there were 643,960,271 shares of ADM stock outstanding.
Archer Daniels Midland Company (ADM) is the world leader in BioEnergy and has a premier position in the agricultural processing value chain. ADM is one of the world’s largest processors of soybeans, corn, wheat and cocoa. ADM is a leading manufacturer of biodiesel, ethanol, soybean oil and meal, corn sweeteners, flour and other value-added food and feed ingredients. Headquartered in Decatur, Illinois, ADM has over 27,000 employees, more than 240 processing plants and net sales for the fiscal year ended June 30, 2007 of $44 billion. Additional information can be found on ADM’s Web site at http://www.adm.com.
Director, External Communications
Vice President, Investor Relations