Ingredion Incorporated Declares Quarterly Dividend of $0.71 per Share

The board of directors of Ingredion Incorporated (NYSE: INGR) has declared a quarterly dividend of $0.71 per share on its common stock, payable on April 25, 2023.

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Rhea-AI Summary

The board of directors of Ingredion Incorporated (NYSE: INGR) has declared a quarterly dividend of $0.71 per share on its common stock, payable on April 25, 2023. Stockholders who are on record as of April 3, 2023 will receive this dividend. Ingredion, headquartered in Westchester, Illinois, reported nearly $8 billion in annual net sales for 2022, providing ingredient solutions across diverse markets including food, beverages, and industrial applications. The company operates globally with more than 12,000 employees and innovation centers worldwide, emphasizing its commitment to co-creating solutions that enhance quality of life.

Positive

Quarterly dividend of $0.71 per share declared.
Dividend payment date set for April 25, 2023.
Annual net sales of nearly $8 billion reported for 2022.
Global operations in over 120 countries with a strong workforce of more than 12,000 employees.

Negative

None.

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News Market Reaction – INGR

The recorded move for INGR in the trading session of this news was +1.23%.

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03/15/2023 - 04:05 PM EDT

WESTCHESTER, Ill., March 15, 2023 (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 April 25, 2023, to stockholders of record at the close of business on April 3, 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 2022 annual net sales of nearly $8 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 located around the world and more than 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, 773-896-5242
Media: Becca Hary, 708-551-2602

FAQ

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What is the dividend amount declared by Ingredion?

Ingredion declared a quarterly dividend of $0.71 per share.

When is the dividend payable for Ingredion?

The dividend is payable on April 25, 2023.

What is the record date for Ingredion's dividend?

The record date for the dividend is April 3, 2023.

What were Ingredion's annual net sales for 2022?

Ingredion reported nearly $8 billion in annual net sales for 2022.

In how many countries does Ingredion operate?

Ingredion operates in over 120 countries worldwide.

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Ingredion Incorporated Declares Quarterly Dividend of $0.71 per Share