Company: Archer-Daniels-Midland Company (ADM)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Archer-Daniels Midland is a major processor of oilseeds, corn, wheat, and other agricultural commodities. The company is also one of the largest grain merchandisers through its extensive network of logistical assets to store and transport crops around the globe. ADM also runs a nutrition business that focuses on both human and animal ingredients and is a large producer of corn-based sweeteners, starches, and ethanol. -Morningstar.com-
Symbol: ADM
Recent Price: $57.91
Dividends: $2.00
Yield: 3.45%
Sector: Consumer Defensive
Industry: Farm Products
Address & Company Phone #: 77 West Wacker Dr. Ste. 4600 Chicago IL 60601, 312-634-8100
Transfer Agent: Computershare 800-898-8730
Moody’s Rating: A2
Minimum & Maximum Investment: $10 – $60,000/year
Investment Dates: 10th monthly
Shares to Qualify: 1 Share
Fees: Div.: $0 Cash: $5+12¢/sh.$2+12¢/sh. Cert: $0 Sells: by Mail for $15+12¢/sh.
52 Week High & Low: $87.30, $50.72