Archer Daniels Midland raises dividend to $0.13/shr

Feb 5 (Reuters) - Archer Daniels Midland Co (ADM.N: Quote, Profile, Research), a U.S. food processor and ethanol producer, said it raised its quarterly cash dividend to 13 cents a share.

The dividend is payable March 11, to shareholders of record Feb. 19, the company said in a statement.

The company also said it appointed 3M Chief Executive George Burkley to its board, effective immediately. (Reporting by Ratul Ray Chaudhuri in Bangalore; Editing by Anthony Kurian)