Ingredion Boosts Quarterly Dividend By 9.9% From $0.71 To $0.78 Per Share
Portfolio Pulse from Benzinga Newsdesk
Ingredion has announced a 9.9% increase in its quarterly dividend from $0.71 to $0.78 per share, payable on October 24, 2023, to stockholders of record at the close of business on October 2, 2023.
August 08, 2023 | 10:12 am
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POSITIVE IMPACT
Ingredion's decision to increase its quarterly dividend by 9.9% may make the stock more attractive to income-focused investors.
Dividend increases are generally seen as a positive signal by the market, indicating a company's confidence in its future earnings. This could potentially attract more investors, driving up the demand and price of the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100