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 11.5 cents per share on the Company’s stock payable September 5, 2007, to Shareholders of record August 15, 2007.
This is ADM’s 303rd consecutive quarterly payment, a record of 75 years of uninterrupted dividends. As of June 30, 2007, there were 643,359,573 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 26,000 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 www.adm.com.
ADM Media Relations