Archer-Daniels-Midland Company (ADM) manufactures and sells protein meal, vegetable oil, corn sweeteners, flour, biodiesel, ethanol, and other value-added food and feed ingredients. This dividend champion has paid dividends since 1927, and has increased them for 37 years in a row.
The company’s last dividend increase was in February 2013 when the Board of Directors approved an 8.60% increase in the quarterly distribution to 19 cents /share. The company’s peer group includes Bunge (BG), Ingredion (INGR) and Cargill.
Over the past decade this dividend growth stock has delivered an annualized total return of 10.20% to its shareholders.