Workflow
ADM(ADM)
icon
Search documents
Buy 7 September Dividend Kings, Watch 9 More
Seeking Alpha· 2024-09-12 17:59
Dividend Kings Overview - The article focuses on 53 Dividend Kings, which are companies with a long history of increasing dividends annually [1][4] - Two companies, Leggett and Platt (LEG) and 3M Co (MMM), were removed from the list due to failing to increase dividends in the past year [1] - The Dividend Kings are characterized by reliable, repeating dividends and higher yields compared to peers, earning them the "dog" moniker [4] Top Dividend Kings by Yield and Price - Six of the top 10 Dividend Kings by yield offer annual dividends (from a $1K investment) exceeding their single share prices [2] - Seven companies, including Altria Group Inc (MO), Universal Corp (UVV), and Canadian Utilities Ltd (CDUAF), are fairly priced with their annual yield meeting or exceeding their single-share prices [2] - Nine additional companies, such as Fortis Inc (FTS) and Coca-Cola (KO), are worth watching but are currently overpriced [2][9] Analyst Predictions and Projections - Analysts predict net gains ranging from 9.36% to 31.67% for the top 10 Dividend Kings by yield [2] - Five of the top 10 Dividend Kings by yield are expected to be among the top 10 gainers for the coming year based on analyst target prices [2] - The average net gain in dividend and price is estimated to be 20.16% on a $10K investment spread across the top 10 stocks [3] Sector Representation and Performance - The top 10 Dividend Kings by yield represent four of the 11 Morningstar sectors, with consumer staples and utilities being the most prominent [5][6] - Altria Group Inc (MO) and Universal Corp (UVV) lead the consumer staples sector, while Canadian Utilities Ltd (CDUAF) and Northwest Natural Holding Co (NWN) represent utilities [6] - The financial services and real estate sectors are also represented by United Bankshares Inc (UBSI) and Federal Realty Investment Trust (FRT), respectively [6] Low-Priced vs High-Priced Dividend Kings - The five lowest-priced Dividend Kings, including Kenvue (KVUE) and Hormel Foods (HRL), are projected to deliver 8.15% net gains, slightly less than the 8.60% expected from all 10 top-yield stocks [7] - Altria Group Inc (MO) is projected to deliver the best net gain of 25.63% among the low-priced Dividend Kings [7] - Higher-priced Dividend Kings, such as Fortis Inc (FTS) and Altria Group Inc (MO), have prices ranging from $44.51 to $116.60 [7] Historical Context and Market Sentiment - The article references the 2020 Ides of March dip, suggesting that the current market adjustment may present an opportunity to invest in top-yield Dividend Kings [2][9] - Analyst target price estimates are used as a "market sentiment" gauge, providing a measure of upside potential for these stocks [6][8] Dividend Kings by Years of Dividend Increases - The list includes companies like American States Water (AWR) and Dover Corporation (DOV), which have increased dividends for 68 years [11] - Other notable companies include Procter & Gamble (PG) and Coca-Cola (KO), with 67 and 62 years of dividend increases, respectively [11] - The list spans multiple sectors, including utilities, industrials, consumer goods, and healthcare, showcasing the diversity of Dividend Kings [11]
Archer Daniels Midland (ADM) Ascends But Remains Behind Market: Some Facts to Note
ZACKS· 2024-09-09 23:01
The most recent trading session ended with Archer Daniels Midland (ADM) standing at $59.50, reflecting a +0.05% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 1.16%. Meanwhile, the Dow experienced a rise of 1.2%, and the technology-dominated Nasdaq saw an increase of 1.16%.The the stock of agribusiness giant has risen by 1.76% in the past month, lagging the Consumer Staples sector's gain of 4.87% and the S&P 500's gain of 3.48%.Market participant ...
5 Relatively Secure And Cheap Dividend Stocks To Invest In -- September 2024
Seeking Alpha· 2024-09-07 13:00
Olivier Le Moal Author's Note: This is our monthly series on Dividend Stocks, usually published in the first week of every month. We scan the universe of roughly 7,500 stocks listed and traded on U.S. exchanges and use our proprietary filtering criteria to select five relatively safe stocks that may be trading cheaper compared to their historical valuations. Some sections in the article, like “Selection Process/Methodology,” are repeated each month with few changes. This is intentional as well as unavoi ...
Archer-Daniels-Midland Company (ADM) Barclays 17th Annual Global Consumer Staples Conference (Transcript)
Seeking Alpha· 2024-09-03 22:00
Archer-Daniels-Midland Company (NYSE:ADM) Barclays 17th Annual Global Consumer Staples Conference September 3, 2024 3:45 PM ET Company Participants Juan Luciano - Chair of the Board & CEO Monish Patolawala - Chief Financial Officer Conference Call Participants Ben Theurer - Barclays Ben Theurer Welcome to the conference this afternoon. Last session in this room pleased to have on stage ADM, Global Leader in Human Animal Nutrition, Premier Agriculture Origination Processing Company. Today, we have with us J ...
Archer-Daniels-Midland Company (ADM) Barclays 17th Annual Global Consumer Staples Conference (Transcript)
2024-09-03 22:00
Company and Industry Overview * **Company**: Archer-Daniels-Midland Company (ADM) [1] * **Industry**: Consumer Staples, Agriculture, Oilseeds, Nutrition [1] Key Points and Arguments * **Commodity Markets and Global Environment**: ADM acknowledges the challenging conditions in commodity markets, particularly for grains and processing, due to ample supplies from South America and a contraction in commodity prices [4]. * **Productivity and Innovation**: ADM has initiated a program of productivity and innovation to offset the decline in commodity prices, resulting in increased volumes and lower costs in 2024 [5]. * **Nutrition Division Improvement**: The Nutrition division has shown sequential improvement in Q1 and Q2, with potential for significant sequential improvements in the next two quarters [6]. * **Capital Allocation**: ADM maintains strong cash flows and a healthy balance sheet, allowing for flexibility in capital allocation. The company has repurchased shares, increased dividends, and identified opportunities for automation, decarbonization, and Nutrition growth [7]. * **Market Landscape and Outlook**: ADM expects a strong fourth quarter and a good second half of 2024, driven by improved crush margins, ethanol margins, and demand for soybean meal [18]. * **Cost Reductions**: ADM has achieved cost savings of $125 million in the first half of 2024, with a target of $500 million in cost savings over two years [24]. * **Ag Services and Oilseeds**: ADM sees opportunities in the global Ag Services and Oilseeds market, driven by increasing protein consumption and mandates for renewable fuels [31]. * **Carb Solutions**: Carb Solutions has outperformed expectations, with a focus on reducing exposure to vehicle ethanol and increasing demand for corn for fermentation, sustainable packaging, mining, paper, and other applications [38]. * **Nutrition**: The Nutrition division is recovering from a challenging 2023, with growth in Human Nutrition and Animal Nutrition, particularly in probiotics and biotics [42]. * **Decatur Plant**: The Decatur plant is expected to come online in late 2024, with a significant impact on 2025 earnings [50]. * **Capital Allocation Priorities**: ADM continues to prioritize share buybacks, dividends, and capital allocation for innovation and portfolio management [52]. Additional Important Content * **Monish Patolawala's Background**: Monish Patolawala joined ADM as EVP and CFO in August 2024, bringing experience in operating rigor and smart capital allocation from his previous role at 3M [9]. * **Insurance Proceeds**: ADM is working on obtaining insurance proceeds from the fires in Decatur, with an expected impact on the fourth quarter and beyond [20]. * **Renewable Diesel**: ADM expects short-term volatility in renewable diesel markets due to changes in the Renewable Diesel Tax Credit [36]. * **Sustainable Aviation Fuels (SAF)**: ADM is exploring opportunities to convert ethanol into SAF, leveraging its low carbon intensity ethanol and carbon capture and sequestration capabilities [40]. * **Portfolio Management**: ADM is reviewing its portfolio for potential divestitures or joint ventures to create more value for shareholders [53].
3 Top High-Yield Dividend Stocks to Buy Right Now
The Motley Fool· 2024-08-28 09:45
Royal Bank of Canada, Cisco Systems, and Archer-Daniels-Midland offer attractive yields and strong growth potential in a changing interest rate environment.High-yield dividend stocks are catching the eye of savvy investors. With Federal Reserve Chairman Jerome Powell strongly hinting that interest rate cuts will begin shortly, these income-generating powerhouses could be on the verge of a significant rally. Historically, when benchmark interest rates fall and bond yields follow suit, many fund managers shif ...
Archer Daniels (ADM) & FBN Launch Gradable to Boost Technology
ZACKS· 2024-08-20 17:35
Archer Daniels Midland Company (ADM) is actively managing productivity and innovation, as well as aligning work to the interconnected trends in food security, health and wellbeing. In the latest development, the company, in collaboration with Farmers Business Network (“FBN”), launched a joint venture, Gradable, to accelerate technology solutions. This will allow farmers and buyers to pursue and boost value from grain produced via sustainable and regenerative practices. Introduced in 2020, the Gradable techn ...
2 Magnificent S&P 500 Dividend Stocks Down 20% to Buy and Hold Forever
The Motley Fool· 2024-08-19 09:00
Both stocks have fallen hard and have historically high yields.It can be hard to find a good dividend stock when the broader market's yield is a miserly 1.3%. But you can do it if you are willing to look hard enough. One good place to start is with stocks that are underperforming, such as Archer-Daniels Midland (ADM 0.39%) and UPS (UPS 0.86%). Both have historically high yields today.Archer-Daniels Midland is getting back to normalArcher-Daniels Midland, usually just referred to by its ticker ADM, has a div ...
Undervalued And Overlooked, The Bull Case For Archer-Daniels-Midland
Seeking Alpha· 2024-08-13 06:06
wellesenterprises Introduction On July 24, I wrote an article on "3 Fantastic Dividend Growth Stocks You Need To Know." In the intro of that article, I included a part of Hendrik Bessembinder's latest scientific article, which showed that the positive stock market return in the past was driven by the minority of stocks, as the majority had negative cumulative returns. This report describes compound return outcomes for the 29,078 publicly-listed common stocks contained in the CRSP database from December ...
53 August Dividend Kings: Buy 7, Watch 9 More
Seeking Alpha· 2024-08-08 17:32
smrm1977 Foreword As a supplement to this article, please note that The Motley Fool, which sourced this latest list, and SureDividend both update their lists periodically. While most of this August collection of 53 Kings are too pricey to justify their skinny dividends, six of the top ten, by yield, and one more outside those ten, live up to the ideal. That is, they offer annual dividends (from a $1K investment) exceeding their single share prices. This month there are nine more to watch. Note that two ...