On 2016-05-18, Ingredion Incorporated (NYSE:INGR) confirmed the dividend disbursement of $0.45 a share to shareholders as on record 2016-06-30. The firm will release dividend on 2016-07-25 while ex-dividend date is reported to be 2016-06-28.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Ingredion Incorporated (NYSE:INGR) paid a total of $0.45 per share in dividends. This figure stood at $0.45 a share in the same period a year ago indicating a deviation of 3.5714%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $123.5 on the stock. This figure is the average of recommendations offered by 2 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $152 and $95, respectively.
Taking the mathematical rating formula, the price for Ingredion Incorporated (NYSE:INGR) stands at 2. Earnings Review Ingredion Incorporated (NYSE:INGR) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $1.75.
Coming to the quarter ending on 2015-12-31, Ingredion Incorporated (NYSE:INGR) recorded EPS of $1.73. The reported numbers came lower than the analysts’ estimates of $1.67, demonstrating a miss of $0.06 as against reported figures.
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