Ingredion Exceeds Expectations with Strong Performance, Driving Profits and Rewarding Investors

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Today, October 24, 2023, Ingredion INGR will distribute a dividend payout of $0.78 per share, highlighting an annualized dividend yield of 2.85%. Shareholders who owned the stock before the ex-dividend date on September 29, 2023 will be eligible for this payout.

Ingredion Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-09-29 4 $0.78 2.85% 2023-08-08 2023-10-02 2023-10-24
2023-06-30 4 $0.71 2.55% 2023-05-19 2023-07-03 2023-07-25
2023-03-31 4 $0.71 2.92% 2023-03-15 2023-04-03 2023-04-25
2022-12-29 4 $0.71 2.89% 2022-12-16 2023-01-02 2023-01-24
2022-10-05 4 $0.71 3.55% 2022-09-26 2022-10-06 2022-10-25
2022-06-30 4 $0.65 2.82% 2022-05-20 2022-07-01 2022-07-26
2022-03-31 4 $0.65 3.14% 2022-03-16 2022-04-01 2022-04-26
2021-12-31 4 $0.65 2.7% 2021-12-10 2022-01-03 2022-01-24
2021-10-01 4 $0.65 2.98% 2021-09-22 2021-10-04 2021-10-25
2021-06-30 4 $0.64 2.64% 2021-05-19 2021-07-01 2021-07-26
2021-03-31 4 $0.64 2.77% 2021-03-16 2021-04-01 2021-04-26
2020-12-31 4 $0.64 3.16% 2020-12-11 2021-01-04 2021-01-28

With a dividend yield that places it neither at the top nor the bottom, Ingredion finds itself in the middle among its industry peers, while Brasilagro - Cia Bras LND boasts the highest annualized dividend yield at 17.24%.

Analyzing Ingredion Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

YoY Growth in Dividend Per Share

The company demonstrated a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $2.51 to $2.72. This signifies the company's commitment to consistently increasing shareholder dividends.

YoY Earnings Growth For Ingredion

The earnings chart above shows that from 2019 to 2022, Ingredion has experienced an increase in their earnings from $6.63 per share to $6.89 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.

Recap

In this article, we delve into Ingredion's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.78 per share today, resulting in an annualized dividend yield of 2.85%.

With a dividend yield that places it neither at the top nor the bottom, Ingredion finds itself in the middle among its industry peers, while Brasilagro - Cia Bras boasts the highest annualized dividend yield at 17.24%.

The upward trend in dividend per share and earnings per share for Ingredion from 2019 to 2022 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.

It is essential for investors to closely track the company's performance in the coming quarters to remain updated regarding any alterations in financials or dividend disbursements.

[Monitor live stock price updates for Ingredion on Benzinga.](https://www.benzinga.com/quote/Ingredion (NYSE: INGR))

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
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Posted In: DividendsBZI-DP
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