WESTCHESTER, Ill., March 20, 2013 - The Board of Directors of Ingredion Incorporated (INGR) today declared a quarterly dividend of $0.38 per share on the Company`s common stock, a 46 percent increase over the previous quarterly amount of $0.26 per share. The dividend is payable on April 25, 2013, to stockholders of record at the close of business on April 1, 2013.
"This is Ingredion`s fourth dividend increase in the past two years, 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.
ABOUT THE COMPANY
Ingredion Incorporated (INGR) is a leading global ingredients solutions provider specializing in nature-based sweeteners, starches and nutrition ingredients. With customers in more than 40 countries, Ingredion, formerly Corn Products International, Inc. serves approximately 60 diverse sectors in food, beverage, brewing, pharmaceuticals and other industries. For more information, visit ingredion.com.
Investors: Aaron Hoffman, 708-551-2592
Media: Claire Regan, 708-551-2602
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Source: Ingredion Incorporated via Thomson Reuters ONE