ADM declares 11.5c per share cash dividend
August 02, 2007
by Eric Schroeder
DECATUR, ILL. — The board of directors of Archer Daniels Midland Co. declared a cash dividend of 11.5c per share on the company’s stock, payable Sept. 5 to shareholders of record as of Aug. 15.
This is ADM’s 303rd consecutive quarterly payment, a record of 75 years of uninterrupted dividends. As of June 30, there were 643,359,573 shares of ADM stock outstanding.