Dividend increase Archer Daniels Midland (ADM) – 2020

A dividend increase of Archer Daniels Midland (ADM)

Last week Archer Daniels Midland (ADM) announced a 2.86% increase in its quarterly dividend. ADM raised its dividend from $0.35 to $0.36. The dividend pay date is March 5, 2020 to shareholders of record on February 13, 2020 (ex dividend February 12, 2020).

This is ADM’s 353­­­^rd consecutive quarterly payment, a record of 88 years of uninterrupted dividends.

Vrijheid Fonds

The new dividend amount represents an annualized dividend amount of $1.44 per share, up from $1.40. The dividend yield on current price is 3.28%.

My Vrijheid Fonds consist of 41 shares of Archer Daniels Midland, my annual dividends will increase by €1.26 ($1.39) after taxes. My projected annual total amount from my shares of ADM in 2020 will be €45.30 ($49.98) after taxes.

This is my 6^th­ dividend increase already in 2020 for my Vrijheid Fonds!!!

Again a nice step in my journey to financial independence.

DGI at work!

Cheers,

Pollie

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