Ingredion Incorporated Declares Quarterly Dividend of $0.80 per Share

Rhea-AI Summary

Ingredion Incorporated (NYSE: INGR) has announced a quarterly dividend of $0.80 per share on its common stock. The dividend will be payable on October 22, 2024, to stockholders of record as of the close of business on October 1, 2024. This marks the tenth consecutive year that Ingredion's board has approved a quarterly dividend increase in the third quarter, demonstrating the company's commitment to returning value to shareholders. The consistent dividend growth reflects Ingredion's financial stability and confidence in its long-term business prospects.

Positive

• Consistent dividend growth for 10 consecutive years
• Maintained quarterly dividend payout, indicating financial stability
• Demonstrated commitment to shareholder value

Negative

• None.

News Market Reaction – INGR

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+0.84% Session move

In the trading session that priced this news, INGR gained 0.84%, reflecting a mild positive market reaction.

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WESTCHESTER, Ill., Aug. 27, 2024 (GLOBE NEWSWIRE) -- The board of directors of Ingredion Incorporated (NYSE: INGR) declared a quarterly dividend of $0.80 per share on the Company’s common stock. The dividend is payable on Oct. 22, 2024, to stockholders of record at the close of business on Oct. 1, 2024. This is the tenth consecutive year Ingredion’s board approved a quarterly dividend increase in the third quarter.

About the Company
Ingredion Incorporated (NYSE: INGR), headquartered in the suburbs of Chicago, is a leading global ingredient solutions provider serving customers in nearly 120 countries. With 2023 annual net sales of approximately $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: Rick Wion, 708-209-6323

FAQ

What is Ingredion's (INGR) latest quarterly dividend amount?

Ingredion's (INGR) latest quarterly dividend is $0.80 per share.

When will Ingredion (INGR) pay its next dividend?

Ingredion (INGR) will pay its next dividend on October 22, 2024.

What is the record date for Ingredion's (INGR) upcoming dividend?

The record date for Ingredion's (INGR) upcoming dividend is October 1, 2024.

How many consecutive years has Ingredion (INGR) increased its quarterly dividend?

Ingredion (INGR) has increased its quarterly dividend for 10 consecutive years.