Company: Ingredion Inc. (INGR)
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Company Profile: Ingredion is an ingredients provider for the food, beverage, brewing, and animal nutrition industries. The company processes corn, tapioca, potatoes, stevia, grains, fruits, gums, and vegetables into value-added ingredients. The company has two main product lines: specialty and core ingredients. Specialty ingredients includes starch-based texturizers, natural alternative sweeteners such as stevia, and plant proteins for alternative dairy and snacks. Core ingredients includes sweeteners, such as high-fructose corn syrup, and commodity starches, such as those used for sustainable packaging. -Morningstar.com-
Symbol: INGR
Recent Price: $129.10
Dividends: $3.12
Yield: 2.42%
Sector: Consumer Defensive
Industry: Packaged Foods
Address & Company Phone #: 5 Westbrook Corporate Center Westchester IL 60154, 708-551-2600
Transfer Agent: Computershare 866-517-4574
Moody’s Rating: Baa1
Minimum & Maximum Investment: $100 – $350,000/year
Investment Dates: Every 30 days beginning 1/30
Shares to Qualify: 1 Share
Fees: Div.: 5% of amount invested up to $1.50 Max Cash: $5+10¢/sh. Cert: $0! Sells: by Mail or Phone for $15+10¢/sh.
52 Week High & Low: $122.18, $89.54