Archer-Daniels Midland Stock To Go Ex-dividend Tomorrow (ADM)
NEW YORK (
) -- The ex-dividend date for
Archer-Daniels Midland Company
(NYSE:
) is tomorrow, February 14, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $30.70 as of 9:35 a.m. ET, the dividend yield is 2.3%.
The average volume for Archer-Daniels Midland has been 4.3 million shares per day over the past 30 days. Archer-Daniels Midland has a market cap of $19.92 billion and is part of the
sector and
industry. Shares are up 6.9% year to date as of the close of trading on Friday.
Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products in the United States and internationally. The company has a P/E ratio of 13.6, above the average food & beverage industry P/E ratio of 9.1 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Archer-Daniels Midland as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full
Archer-Daniels Midland Ratings Report
.
See our
or
.
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