7 Agriculture Dividend Champions, Contenders, and Challengers

The name of the blog is Dividend Farmer so I thought it fitting to highlight a number of companies in the agriculture sector that are Dividend Champions, Contenders, or Challengers.  These firms have paid consecutive dividends for 25 or more years, 10-24 years, or 5-9 years respectively. 

Dividend Farming is Financial Agriculture

You can find the list of Champions, Contenders, and Challengers at www.DRIPinvesting.org.  Companies shown in this post were members of their respective lists on 9.16.18.  Brief profiles were excerpted from company information found on Yahoo.finance.

My investment research generally starts here since I prefer solid, dividend paying companies with long histories of consecutive payments.  It’s rare that I purchase dividend payers that aren’t on this list, but it does happen for various reasons e.g., diversification requirements.

Champions

Archer Daniels Midland:  Dividend years - 43.  Yield 2.67%. 

Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States and internationally.

Contenders

The Andersons, Inc:  Dividend years - 16.  Yield 1.75%.

The Andersons, Inc., an agriculture company, operates in the grain, ethanol, plant nutrient, and rail sectors in the United States and internationally. The company's Grain segment operates grain elevators; stores grains; and provides grain marketing, risk management, and corn origination services to its customers and affiliated ethanol facilities.

Bunge Ltd:  Dividends years - 18.  Yield 2.91%

Bunge Limited operates as an agribusiness and food company worldwide. It operates through five segments: Agribusiness, Edible Oil Products, Milling Products, Sugar and Bioenergy, and Fertilizer.

Limoneira Co:  Dividend years - 10.  Yield .96%.

Limoneira Company operates as an agribusiness and real estate development company in the United States and internationally. The company operates through six segments: Fresh Lemons, Lemon Packing, Avocados, Other Agribusiness, Rental Operations, and Real Estate Development.

Lindsay Corp:  Dividend years - 16.  Yield 1.24%.

Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. The company's Irrigation segment manufactures and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot and Greenfield brands; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems under the GrowSmart brand. 

Challengers

AGCO Corporation:  Dividend years - 6.  Yield .99%.

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. The company offers high horsepower tractors for larger farms, primarily for row crop production; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, and residential uses.

Ingredion Inc:  Dividend years - 8.  Yield 2.4%. 

Ingredion Incorporated, together with its subsidiaries, produces and sells starches and sweeteners for various industries. 

The agricultural companies above don’t include farm-related stalwarts like Oshkosh Corporation which builds trucks, General Mills or Kellogg Co., both of which process grain into cereal among other things, or J.M. Smucker Co. which makes tasty jelly!  These firms are all found among Champions, Contenders, and Challengers, but aren’t classified in the agricultural industry.

Full disclosure:  I own a small stake in Archer Daniels Midland.  It’s a Dividend Champion and I needed a solid agricultural firm in my portfolio for investment diversity.  So there’s that…

The thoughts and opinions expressed here are those of the author, who is not a financial professional, and therefore should not be considered as investment advice.  This information is presented for education and entertainment purposes only.  For specific investment advice or assistance, please contact a registered investment advisor, licensed broker, or other financial professional.