5 Best Stocks to Buy and Hold for a Lifetime

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

5-Year Average Revenue Growth Rate: 10.8%

Archer-Daniels-Midland Company (NYSE:ADM) is an American food processing and commodities trading company, based in Illinois. On November 1, the company announced a quarterly dividend of $0.45 per share, which was in line with its previous dividend. The company holds a 50-year streak of consistent dividend growth. As of November 19, the stock has a dividend yield of 2.43%.

The number of hedge funds tracked by Insider Monkey owning stakes in Archer-Daniels-Midland Company (NYSE:ADM) stood at 32 in Q2 2023. The total value of these stakes is more than $676 million.

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