Ingredion Inc dividend – INGREDION INC Declares 0.71 Cash Dividend
March 19, 2023
Dividends Yield
On March 17 2023, INGREDION INC ($BER:CNP) declared a 0.71 USD cash dividend per share. This is an impressive record for the company, as it has issued an annual dividend of 2.72 USD per share for the past three years, with a dividend yield of 3.14% each year. Thus, those who are interested in investing in dividend stocks should definitely consider INGREDION INC, with an ex-dividend date of March 31 2023.
The company’s consistent dividend yield and history makes it a great option for those keen on earning a steady passive income from dividends. Moreover, the good performance of the stock over the past years also adds to its appeal as a good dividend-paying stock.
Stock Price
This news caused the company’s stock to open at €90.2 and close at the same price, up 0.7% from its previous closing price of 89.5. Investors have responded positively to this news, indicating that they have faith in the company’s prospects for the coming year. With this dividend, investors can expect a positive return on their investment in INGREDION INC in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ingredion Inc. More…
| Total Revenues | Net Income | Net Margin |
| 7.95k | 492 | 6.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ingredion Inc. More…
| Operations | Investing | Financing |
| 152 | -320 | 103 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ingredion Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.56k | 4.3k | 48.63 |
Key Ratios Snapshot
Some of the financial key ratios for Ingredion Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.6% | 2.0% | 9.7% |
| FCF Margin | ROE | ROA |
| -1.9% | 15.2% | 6.3% |
Analysis
GoodWhale has conducted an analysis of INGREDION INC‘s wellbeing and presented our findings through a Star Chart. The chart indicates that INGREDION INC has a high health score of 8/10, indicating that it is in a strong financial position. The company has sufficient cashflows and debt to be able to pay off its debt and fund future operations. At the same time, INGREDION INC stands out with its strong dividend, while also showing good profitability and medium asset and growth. Based on these performance metrics, we have classified INGREDION INC as a ‘gorilla’, which is a type of company we consider to have achieved stable and high revenue or earning growth as a result of their strong competitive advantage. We believe that this company would be an attractive investment opportunity for investors looking for a reliable long-term income stream. More…
Summary
Ingredion Inc is an attractive investment opportunity for those looking for consistent dividend income. It has paid a steady annual dividend of 2.72 USD per share over the past three years, providing a yield of 3.14% each year. This indicates a healthy company with a business model that is able to pay investors regular dividends.
The company’s operations are also well diversified and are spread across numerous product lines and industries. As such, investors can feel confident in investing in Ingredion Inc as it continues to deliver reliable dividend income and long-term growth potential.
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