Friday, November 10, 2017

Recent Buy: Archer Daniel Midland



On November 10, 2017, I bought 25 shares of Archer Daniel Midland (ADM) at $39.50 per share for a total of $987.50.  My forward dividend stands at $5,510.10. 

4 comments:

  1. BDI -

    That's a massive purchase, congratulations on another dividend income purchase. Big company, long tenure of increases, making moves over there.

    -Lanny

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  2. I like ADM a lot long term. I have no plans to buy at current levels but it is a nice yielding and growing dividend stock. They are the supermarket of the world. Narrow margins than can turn ugly at times but offering a needed product and service.

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    Replies
    1. hey keith, I agree it's nasty in the grain business. we might get another dip like a couple of years ago. here's hoping for more buying opportunities

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