Dividend Stock Analysis: Archer Daniels Midland

In the past few weeks, we did an analysis of 3 dividend stocks from the oil sector and of JM Smucker (SJM) which turned out to be a great dividend play. All of those companies had made our select group of companies poised for big things in terms of dividend growth. Today we are taking a deeper look at great potential dividend plays based in Canada. Today, we take a deeper look into Archer Daniels Midland (ADM), a conglomerate which transforms cereal grains and oil seeds into food, beverage and all kinds of industrial products. It’s a very big company even though you might have never heard about it. In fact, the company recorded revenues of over $60 billion in 2010. In theory, this kind of business could be very promising as it is not very cyclical, and generally can bring steady cash flows which would hopefully translate into high... Read more