(01-19-2022, 04:10 PM)NilesMike Wrote:(01-19-2022, 07:22 AM)fenders53 Wrote: I was somehow not even aware Canada had a drought.A major drought in Stanley Cup winners fer sure!
Ouch!! As a Canadians fan, that hurt
***** Canada Makes Rare Import of European Barley After Drought. ******
ADM is set to release their fourth Quarter Financial Results on Jan. 25, 2022.
I usually wait till after earnings, However, Given ADM's core business and the rising economic inflation environment
- I increased my share count in Archer-Daniels Today.
The company is expected to report EPS of $1.25, up 3.31% from the prior-year quarter.
ADM has provided solid beats throughout all of 2021 to date. It sports a strong balance sheet
with positive free cash flow and operating cash flow. Dividend Payout Ratio is 51% so plenty
of Margin for Safety. ADM has provided uninterrupted dividends Since 1931.
ADM ownership -
I like companies with large Institutional Ownership - 42.7%
Institutional Mutual Fund Ownership - 35.3%
Mutual Fund Ownership - 4.7%
Insider Ownership - 0.4%
Other - 16.9%
- Scoot