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Archer Daniels Midland increases quarterly dividend

Archer Daniels Midland Co. said Feb. 6 that the company's board of directors declared a quarterly cash dividend of 33.5 cents per share, up 4.7% from the previous quarter’s dividend of 32 cents per share.

The Illinois-based agricultural products company will pay the dividend on March 13 to stockholders of record as of Feb. 20.