Directors of Archer Daniels Midland Company Vote Cash and Stock Dividends
August 2, 2001 6:13pm
Source: PR Newswire
DECAUTUR, Ill., Aug 2, 2001 /PRNewswire via COMTEX/ -- The Directors of Archer Daniels Midland Company today declared a dividend of five cents a share on the Company's common stock payable September 4, 2001 to shareholders of record August 13, 2001.
This is ADM's 299th cash dividend and 279th consecutive quarterly payment, a record of 70 years of uninterrupted dividends. As of June 30, 2001 there are 630,836,107 shares of ADM common stock outstanding.
The Directors also declared a five percent stock dividend payable September 24, 2001 to Shareholders of record September 4, 2001.
Archer Daniels Midland Company (ADM) is a world leader in agricultural processing. The Company is the world's largest processor of soybeans, corn, wheat and cocoa. ADM is also a leader in soy meal and oil, ethanol, high fructose corn syrup (HFCS), and flour. In addition, ADM is building a position in such value-added products as food additives and nutraceuticals (such as Vitamin E and sterols). Headquartered in Decatur, Illinois, ADM has over 22,000 employees, 368 processing plants, and net sales for the fiscal year ending June 30, 2001 of $20.1 billion. Additional information can be found on ADM's web site at admworld.com . |
