10 Cheapest Dividend Aristocrats to Buy Now

1. Archer-Daniels-Midland Company (NYSE:ADM)

Forward P/E Ratio: 9.26

Archer-Daniels-Midland Company (NYSE:ADM) is an Illinois-based multinational food processing and commodities trading company. In the fourth quarter of 2024, the company posted revenues of $21.5 billion, which showed a 6.4% growth from the same period last year. GAAP earnings per share reached $1.17, reflecting a 10% increase from the same quarter in the previous year. With market conditions softening and policy uncertainty persisting globally as 2025 approaches, the company remains focused on enhancing operational efficiency, accelerating cost reductions, and streamlining its portfolio. As part of these efforts, targeted measures have been introduced to achieve cost savings of $500–750 million over the coming years.

Archer-Daniels-Midland Company (NYSE:ADM) has fallen by over 8.5% since the start of 2025. Though the company is facing some short-term challenges, it continues to expand its operations. The company specializes in transforming crops into diverse products such as food, animal feed, industrial materials, and energy. As a key player in the global agricultural sector, it operates an extensive network for sourcing, transporting, and processing agricultural commodities. Its operations involve managing intricate supply chains to meet the diverse needs of the market.

Archer-Daniels-Midland Company (NYSE:ADM) also maintains a strong cash position. The company ended the year with $611 million available in cash and cash equivalents. In 2024, it generated $2.8 billion in cash flows from operating activities, while cash flows from operations, excluding working capital, totaled $3.3 billion. On February 4, the company declared a 2% hike in its quarterly dividend at $0.51 per share. This was the company’s 52nd consecutive year of dividend growth. Moreover, it has paid uninterrupted dividends to shareholders for 93 consecutive years. The stock has a dividend yield of 4.44%, as of February 14.

Overall Archer-Daniels-Midland Company (NYSE:ADM) ranks first on our list of the best dividend aristocrat stocks. While we acknowledge the potential for ADM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ADM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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