Ingredion (INGR) Raises Quarterly Dividend 4.2% to $0.625; 2.4% Yield

Ingredion (NYSE: INGR) declared a quarterly dividend of $0.625 per share, or $2.5 annualized. This is a 4.2% increase from the prior dividend of $0.60.

The dividend will be payable on October 25, 2018, to stockholders of record on October 1, 2018, with an ex-dividend date of September 28, 2018.

The annual yield on the dividend is 2.4 percent.

"Our Board and management team are confident in the company's long-term ability to generate solid cash flows and deliver value to shareholders," said Jim Zallie, Ingredion's president and CEO. "We intend to continue to leverage our strong balance sheet to invest in growing our specialties portfolioand we remain committed to strengthening our business model and returning cash to shareholders."

For a dividend history and other dividend-related data on Ingredion (INGR) click here.

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