Ingredion (
NYSE:INGR) is a leading global ingredients solutions company. They make sweeteners, starches, nutrition ingredients and biomaterials that are used in foods and beverages to paper and pharmaceuticals.
I use their products in my daily life so it is a case of "
Invest in What You Know"(a famous quote by Peter Lynch) The moat around their business is their long history of innovations and knowledge base.
With a dividend yield of 3%+, low payout and decent div growth, I like it. I hope they can increase their dividend soon too. This buy will add a nice "tasting" $25 to my
dividend stock portfolio ๐ช๐
DIVIDEND YIELD (FWD)
|
ANNUAL PAYOUT (FWD)
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PAYOUT RATIO
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5 YEAR GROWTH RATE
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DIVIDEND GROWTH
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|---|
| 3.11% | $2.50 | 38.17% | 9.45% | 9 Years |
Disclaimer: All information is provided as-is and is for informational purposes only.The stocks mentioned in this blog are not considered to be past, present or future recommendations to buy or sell them. Ideas presented are just my personal opinions and are NOT be considered as investment recommendations or advice. All investors should consult a qualified professional before trading any stock.
This looks like a great addition. I admittedly am not familiar with this company but it does look very interesting and may warrant me doing some research on them. Thanks for sharing!
ReplyDeleteYou're welcomed. You have lots of good ideas on your site too.
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