Ingredion Incorporated Declares Quarterly Dividend of $0.71 Per Share

Rhea-AI Summary

Ingredion Incorporated has declared a quarterly dividend of $0.71 per share on its common stock, scheduled for payment on January 24, 2023. Stockholders of record as of January 2, 2023 will receive this dividend. The company reported nearly $7 billion in annual net sales for 2021 and operates in over 120 countries, focusing on value-added ingredient solutions across multiple industries.

Positive

• Quarterly dividend of $0.71 per share enhances shareholder income.
• Strong 2021 annual net sales at nearly $7 billion indicates robust financial performance.

Negative

• None.

News Market Reaction – INGR

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-0.86% Session move

In the trading session that priced this news, INGR declined 0.86%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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WESTCHESTER, Ill., Dec. 16, 2022 (GLOBE NEWSWIRE) -- Today, the board of directors of Ingredion Incorporated (NYSE: INGR) declared a quarterly dividend of $0.71 per share on the Company’s common stock. The dividend is payable on January 24, 2023, to stockholders of record at the close of business on January 2, 2023.

About the Company
Ingredion Incorporated (NYSE: INGR) headquartered in the suburbs of Chicago, is a leading global ingredient solutions provider serving customers in more than 120 countries. With 2021 annual net sales of nearly $7 billion, the Company turns grains, fruits, vegetables and other plant-based materials into value-added ingredient solutions for the food, beverage, animal nutrition, brewing and industrial markets. With Ingredion Idea Labs^® innovation centers around the world and approximately 12,000 employees, the Company co-creates with customers and fulfills its purpose of bringing the potential of people, nature and technology together to make life better. Visit ingredion.com for more information and the latest Company news. 

CONTACT:
Investors: Noah Weiss, 708-551-2788
Media: Becca Hary, 708-551-2602

FAQ

What is the dividend amount declared by Ingredion for the current quarter?

Ingredion declared a quarterly dividend of $0.71 per share.

When will Ingredion's quarterly dividend be paid?

The quarterly dividend will be paid on January 24, 2023.

What is the record date for Ingredion's dividend payment?

The record date for the dividend payment is January 2, 2023.

How much were Ingredion's annual net sales in 2021?

Ingredion reported nearly $7 billion in annual net sales for 2021.

In how many countries does Ingredion operate?

Ingredion operates in more than 120 countries.