Ingredion Incorporated stock dividend – INGREDION INCORPORATED Declares Cash Dividend of 0.71

🌥️Dividends Yield

On June 1 2023, INGREDION INCORPORATED ($NYSE:INGR) Declared a Cash Dividend of 0.71. This is an impressive dividend yield in comparison to many other companies in the industry. INGREDION INCORPORATED has distributed an average dividend yield of 2.96% over the past three years, with annual dividends per share of 2.78, 2.72 and 2.58 USD respectively. Investors who are looking to earn a steady income from dividend-yielding stocks should certainly consider INGREDION INCORPORATED as an option. As one of the largest food additives and ingredients manufacturers in the world, it is well-positioned to deliver consistent returns in the long-term.

Furthermore, the ex-dividend date for these dividends is June 30 2023. This means that investors who purchase the stock before that date will qualify for the dividend payment. Overall, INGREDION INCORPORATED has been a reliable source of dividends for its shareholders for many years. Its commitment to increasing its dividend payouts is reassuring to investors, and with a strong history of financial stability and profitability, it is well-positioned to continue its dividend distribution going forward.

Share Price

This announcement has been seen as a positive sign of the company’s financial stability and will likely be welcomed by investors looking to benefit from additional returns from their investments. Furthermore, this dividend could potentially give dividend-seeking investors the opportunity to receive additional income through INGREDION INCORPORATED. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Ingredion Incorporated. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Ingredion Incorporated. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Ingredion Incorporated. More…

Key Ratios Snapshot

Some of the financial key ratios for Ingredion Incorporated are shown below. More…

Analysis

GoodWhale’s analysis of INGREDION INCORPORATED shows that the company has a high health score of 8/10, indicating that it is capable of paying off debt and funding future operations. Through our Star Chart tool, we have classified INGREDION INCORPORATED as a ‘gorilla,’ a type of company that has achieved stable and high revenue or earning growth due to its strong competitive advantage. For investors looking to benefit from INGREDION INCORPORATED’s strong fundamentals, the company is particularly strong in dividend yield, profitability and medium in asset and growth. The company is also well positioned financially as it is capable of paying off debt and funding future operations. This makes it an attractive option for investors who are looking for a reliable return on their investments. More…

Peers

The competition between Ingredion Inc and its competitors, Procter & Gamble Co, Nestle SA, and Edita Food Industries S.A.E., is fierce as each company strives to be the leader in the global food and beverage industry. From product innovation and marketing to pricing and distribution, each company is looking for the edge that will give them the upper hand in the competitive landscape.

– Procter & Gamble Co ($NYSE:PG)

Procter & Gamble Co is a multinational consumer goods giant, headquartered in Cincinnati, Ohio. The company manufactures a wide range of household products, from laundry detergents to toothpaste. As of 2022, the company has a market capitalization of 362.18B and a Return on Equity of 25.38%. The company’s size and profitability are demonstrative of its success in the consumer goods industry. With a large market cap and high return on equity, Procter & Gamble Co has established itself as an industry leader.

– Nestle SA ($LTS:0QR4)

Nestle SA is one of the world’s largest food and beverage companies, serving consumers in over 190 countries. Its market cap of 305.36B as of 2022 is a testament to its success and industry leadership. The company’s return on equity (ROE) of 14.82% is also impressive, indicating that the company is efficiently utilizing the capital it has available to generate profit and create value for its shareholders. This impressive market cap and ROE are indicative of the strength of Nestle SA’s business model and its ability to remain competitive in an ever-changing industry.

– Edita Food Industries S.A.E ($LSE:66XD)

Edita Food Industries S.A.E. is a leading food manufacturing and distribution company based in Egypt. The company has a market capitalization of 371.8 million as of 2022 and has achieved a return on equity of 33.89%. This indicates that the company is financially healthy and is able to generate returns on its investments. Edita produces and markets a wide range of baked goods, snacks and confectionery products, including cakes, pastries, rusks and biscuits, in addition to providing products for specialty markets. It also provides ready-made meals, frozen fruits and vegetables, and frozen ready-meals for catering services. The company is well-positioned to benefit from the growing demand for convenience food products in Egypt and across the region.

Summary

INGREDION INCORPORATED is an attractive option for investors looking for dividend-yielding stocks. Over the past three years, the company has maintained an average dividend yield of 2.96% per share, with annual dividends per share ranging from 2.78 to 2.58 USD. The company offers a reliable income stream with a good historical performance, making it a worthwhile investment for those seeking a reliable dividend yield.