Top 10 High Dividend Yielding Consumer Defensive Stocks To Buy

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

Archer-Daniels-Midland Company processes, stores, procures, transports, and merchandises agricultural commodities, flavors, ingredients, and solutions. The company operates through Carbohydrate Solutions, Ag Services and Oilseeds, and Nutrition segments. It continues to draw investors’ attention by offering a dividend yield of 4.43%. As a consistent dividend payer, the company has demonstrated its commitment to shareholder returns with an increasing and uninterrupted dividend payment for 53 consecutive years.

The company announced its Q4 results last month, which were below analysts’ estimates. Operating profits fell 32% YoY and cash flows from operations also decreased by 30%. The poor earnings came as a result of sector-wide instability, not company-specific issues.

Based on the results, management expects 1st half of 2025 to be challenging with significantly reduced canola crush and soybean margin. According to ADM CFO Monish Patolawala, cost savings and efficiency improvements will help mitigate some of the market challenges the company is expected to face going forward. After losing a quarter of its share value in the last year, the stock is now at a level where people can buy a Dividend King with their eyes closed and come out on top.