DoubleLine ETF Adviser LP Acquires New Stake in Archer Daniels Midland Company $ADM

robot
Abstract generation in progress

DoubleLine ETF Adviser LP recently acquired a new stake in Archer Daniels Midland (ADM), purchasing 25,705 shares worth approximately $1.54 million. Institutional investors now own around 78.28% of ADM’s stock. The company recently raised its quarterly dividend to $0.52 per share, but its payout ratio remains high at 93.69%. Insider transactions show both buying and selling, with the stock rallying about 59% over the past year to near its 52-week high.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments