Ingredion's latest quarterly cash dividend of $0.71 per share was issued to shareholders on record before Dec 29, 2022. The dividend distribution stands at $2.72 per share annually, which comes to a dividend yield of 2.68%.
INGR has a dividend yield of 2.68% which is above the Consumer Defensive sector and the industry average. Compared to its Consumer Defensive sector average of 2.18%, Ingredion's dividend yield is 23% higher. The current dividend yield is similar to the historical average of 2.8% of the last 5 years.
Ingredion has been paying dividends for the last 24 years. Our records show that INGR has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 5% for the last twelve months. However with the price of the stock up by 7% from a year ago, the dividend yield has decreased by 1.8%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 29, 2022 | Jan 24, 2023 | Dec 16, 2022 | $0.71 | normal |
| Oct 5, 2022 | Oct 25, 2022 | Sep 26, 2022 | $0.71 | normal |
| Jun 30, 2022 | Jul 26, 2022 | May 20, 2022 | $0.65 | normal |
| Mar 31, 2022 | Apr 26, 2022 | Mar 16, 2022 | $0.65 | normal |
| Dec 31, 2021 | Jan 24, 2022 | Dec 10, 2021 | $0.65 | normal |
| Oct 1, 2021 | Oct 25, 2021 | Sep 22, 2021 | $0.65 | normal |
| Jun 30, 2021 | Jul 26, 2021 | May 19, 2021 | $0.64 | normal |
| Mar 31, 2021 | Apr 26, 2021 | Mar 16, 2021 | $0.64 | normal |
| Dec 31, 2020 | Jan 28, 2021 | Dec 11, 2020 | $0.64 | normal |
| Sep 30, 2020 | Oct 26, 2020 | Sep 16, 2020 | $0.64 | normal |
| Jun 30, 2020 | Jul 27, 2020 | May 20, 2020 | $0.63 | normal |
| Mar 31, 2020 | Apr 27, 2020 | Mar 18, 2020 | $0.63 | normal |
| Dec 31, 2019 | Jan 27, 2020 | Dec 27, 2019 | $0.63 | normal |
| Sep 30, 2019 | Oct 25, 2019 | Sep 18, 2019 | $0.63 | normal |
| Jun 28, 2019 | Jul 25, 2019 | May 15, 2019 | $0.625 | normal |
| Mar 29, 2019 | Apr 25, 2019 | Mar 20, 2019 | $0.625 | normal |
| Dec 31, 2018 | Jan 25, 2019 | Dec 14, 2018 | $0.625 | normal |
| Sep 28, 2018 | Oct 25, 2018 | Sep 14, 2018 | $0.625 | normal |
| Jun 29, 2018 | Jul 25, 2018 | May 16, 2018 | $0.6 | normal |
| Mar 29, 2018 | Apr 25, 2018 | Mar 21, 2018 | $0.6 | normal |
| Dec 29, 2017 | Jan 25, 2018 | Dec 15, 2017 | $0.6 | normal |
| Sep 29, 2017 | Oct 25, 2017 | Sep 15, 2017 | $0.6 | normal |
| Jun 28, 2017 | Jul 25, 2017 | May 17, 2017 | $0.5 | normal |
| Mar 29, 2017 | Apr 25, 2017 | Mar 15, 2017 | $0.5 | normal |
| Dec 28, 2016 | Jan 25, 2017 | Dec 9, 2016 | $0.5 | normal |
| Sep 29, 2016 | Oct 25, 2016 | Sep 21, 2016 | $0.5 | normal |
| Jun 28, 2016 | Jul 25, 2016 | May 18, 2016 | $0.45 | normal |
| Mar 29, 2016 | Apr 25, 2016 | Mar 16, 2016 | $0.45 | normal |
| Dec 29, 2015 | Jan 25, 2016 | Dec 11, 2015 | $0.45 | normal |
INGR has a payout ratio of 40.7% which is lower than the Consumer Defensive sector and the industry average. If we compare it with the Consumer Defensive sector average of 52.7%, Ingredion's payout ratio is 23% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| INGR Ingredion Inc | 2.68% | $2.72 | 40.7% |
| BG Bunge LTD | 2.36% | $2.3 | 22.3% |
| ADM Archer-Daniels-Midland Co | 1.91% | $1.6 | 22% |
| MGPI Mgp Ingredients Inc | 0.52% | $0.48 | 8.9% |
Yes, Ingredion has been paying dividends for the last 24 years.
At this point we don't have a record of INGR's next dividend date, but based on the current dividend schedule we project that it will likely be in March 2023.
Ingredion's last dividend ex-date was on Dec 29, 2022. The dividend amount was $0.71 per share.
INGR's annualized dividend per share is $2.72.
Ingredion's current dividend yield is 2.68%.
Ingredion pays four dividends per year.
The dividend payout ratio of Ingredion is 40.7%.
Ingredion's dividend yield is above the Consumer Defensive sector average.