Ingredion Increases Quarterly Dividend by 30% to $0.26 per Share
The Board of Directors of Ingredion Incorporated (NYSE: INGR) today declared a quarterly dividend of $0.26 per share on the Company's common stock, a 30 percent increase over the previous quarterly amount of $0.20 per share. The dividend is payable on October 25, 2012, to stockholders of record at the close of business on October 3, 2012.
"This is Ingredion's third dividend increase in the past 18 months, reflecting the Company's strong earnings growth and the execution of our strategic plan as an ingredient solution provider," said Ilene Gordon, chairman, president and chief executive officer.
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