Ingredion Incorporated Declares Quarterly Dividend of $0.63 Per Share

Rhea-AI Summary

Ingredion Incorporated (NYSE: INGR) has declared a quarterly dividend of $0.63 per share, payable on July 27, 2020. Stockholders of record as of July 1, 2020 will receive the dividend. The company reported over $6 billion in annual net sales for 2019, emphasizing its role as a global ingredient solutions provider across various markets, including food and beverage. With a workforce of over 11,000 employees and multiple innovation centers worldwide, Ingredion focuses on co-creating solutions to enhance the value of plant-based materials.

Positive

• Quarterly dividend of $0.63 per share declared.
• Strong annual net sales exceeding $6 billion in 2019.
• Presence in over 120 countries enhances market reach.
• More than 11,000 employees contribute to company growth.

Negative

• None.

WESTCHESTER, Ill., May 20, 2020 (GLOBE NEWSWIRE) -- Today, the board of directors of Ingredion Incorporated (NYSE: INGR) declared a quarterly dividend of $0.63 per share on the Company’s common stock. The dividend is payable on July 27, 2020, to stockholders of record at the close of business on July 1, 2020. 

About the Company
Ingredion Incorporated (NYSE: INGR), headquartered in the suburbs of Chicago, is a leading global ingredient solutions provider serving customers in more than 120 countries. With 2019 annual net sales of more than $6 billion, the Company turns grains, fruits, vegetables and other plant-based materials into value-added ingredient solutions for the food, beverage, animal nutrition, brewing and industrial markets. With Ingredion Idea Labs^® innovation centers around the world and more than 11,000 employees, the Company co-creates with customers and fulfills its purpose of bringing the potential of people, nature and technology together to make life better. Visit ingredion.com for more information and the latest Company news.

CONTACT:
Investors: Tiffany Willis, 708-551-2592
Media: Becca Hary, 708-551-2602

FAQ

What is the dividend amount declared by Ingredion?

Ingredion declared a quarterly dividend of $0.63 per share.

When is the dividend payable to shareholders?

The dividend is payable on July 27, 2020.

What is the record date for the dividend payment?

The record date for the dividend payment is July 1, 2020.

How much were Ingredion's net sales in 2019?

Ingredion reported over $6 billion in annual net sales for 2019.

In how many countries does Ingredion operate?

Ingredion operates in more than 120 countries worldwide.