Ingredion Incorporated (NYSE:INGR) Updates On Quarterly Dividend


As per Ingredion Incorporated (NYSE:INGR) statement on 2016-05-18, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.45 per share as dividend to stakeholders. The record date is set as 2016-06-30, the payout date as 2016-07-25 and the ex-dividend date is 2016-06-28.

Last fiscal Ingredion Incorporated (NYSE:INGR) disbursed cash dividend of $0.45. A year ago, the payout was $0.45, which indicates a difference of 3.5714%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.45, implying 25.4505% growth.

For the period ended on 2015-12-31, Ingredion Incorporated (NYSE:INGR)’s earnings came at $1.73 per share compared to EPS of $1.64 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-03. For this quarter, the analysts have earnings estimate of $1.75 per share.

The interim price target for Ingredion Incorporated (NYSE:INGR) is set at $123.5. This level is the mean price reached by averaging the stock views of 2 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Ingredion Incorporated (NYSE:INGR) is seen at $152 and the lowest level is established at $95. This broad range highlights a standard deviation of $40.305 in reported estimates.

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