It looks like adm has increased its dividend a bit which is a good sign. Perhaps being able to maintain a 2% yield is asking too much since the stock is going up quite a bit, but an increase is the absolute dividend is a good thing. Article on yahoo today by a Brian Richards, feb3: "A crazy simple dividend strategy you should consider.", uses adm as one of its 5 picks of stocks that have increased its dividend for at least 10 consecutive years. The chart shows adm increased its dividend 36 consecutive years, about the best record. Having both the dividend increse and stock price increase is pretty good. Quite happy with adm trend, it is still my favorite pick for long term buy and hold.
1.8% dividend and the stock climbed 1.8% today. Could easily be $38 near term. Many of the agriculture etfs have a good % of adm as a holding and those etfs are climbing as well, but i wonder how many stock purchases come from the growth from ag etfs. regardless like adm long term.
If adm were going to keep a 2% yield they would have to have a huge increase in dividend, and that would be asking too much. I much prefere some dividend growth even a token growth since the share price has/is climbing. Still think adm is a buy short term until it hits $40 then maybe a hold. think it is still undervalued at todays share price. glta