The updated dividend becomes payable on October 20 to shareholders listed on the company’s books as of October 1. This move brings the annualized payout to $3.32 per share. Based on Thursday’s closing market price of $99.01, the stock now carries an annual yield of 3.4%.
In section Market Quotes
Ingredion Lifts Quarterly Dividend to 83 Cents
Ingredion shareholders are set for a modest payout boost, as the board confirmed a quarterly cash dividend increase to 83 cents per share. This adjustment from the previous 82-cent rate continues a long-standing pattern of third-quarter hikes for the food ingredient manufacturer, marking twelve consecutive years of growth.
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