11 Cheap Quarterly Dividend Stocks to Buy Right Now

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

Forward P/E as of September 23: 12.95

Archer-Daniels-Midland Company (NYSE: ADM) is a global leader in agricultural processing and trading, specializing in food ingredients, animal feed, and biofuels. Its core operations center on managing the agricultural supply chain worldwide, including sourcing, merchandising, transporting, and storing raw materials. This role is essential to keeping ADM’s vast global network stable, even when markets are disrupted by geopolitical or environmental challenges.

In recent years, Archer-Daniels-Midland Company (NYSE:ADM) has broadened its focus to include nutrition and sustainable products, aiming to benefit from rising demand for healthier and more eco-friendly food choices. The company has also advanced its sustainability goals through initiatives like “Strive 35,” which seeks to reduce greenhouse gas emissions and energy intensity by 2035.

Archer-Daniels-Midland Company (NYSE:ADM) is also a solid dividend company. Currently, it offers a quarterly dividend of $0.51 per share and has a dividend yield of 3.36%, as of September 23. The company has been making regular payouts to shareholders for the past 90 years and has raised its dividends for 52 consecutive years, which makes it one of the best cheap quarterly dividend stocks.