12-18-2015, 08:58 AM
I do not see much discussion on the Archer Daniel Midlands Company (ADM).
Sector: Consumer Staples
Yield: 3.27
P/E 11.9
Dividend Growth Streak: 39 years
Payout Ratio 41.5%
3YR dividend growth rate: 13.6%
This stock has dropped by roughly a third this year due to commodity headwinds. However, even bearish forecasts for this stock don't indicate a drop in revenue/earnings for this stock (mostly flat forecast for 2016). With such a low P/E and payout ratio, this could be a good company to get cheap now and ride out the short term headwinds while collecting reliably increasing dividends. Thoughts?
Sector: Consumer Staples
Yield: 3.27
P/E 11.9
Dividend Growth Streak: 39 years
Payout Ratio 41.5%
3YR dividend growth rate: 13.6%
This stock has dropped by roughly a third this year due to commodity headwinds. However, even bearish forecasts for this stock don't indicate a drop in revenue/earnings for this stock (mostly flat forecast for 2016). With such a low P/E and payout ratio, this could be a good company to get cheap now and ride out the short term headwinds while collecting reliably increasing dividends. Thoughts?