Uncovering Dividend Opportunities with NYSE:INGR.

Discover INGREDION INC (NYSE:INGR)—a stock that our stock screener has recognized as a solid dividend pick with strong fundamentals. NYSE:INGR showcases decent financial health and profitability while providing a sustainable dividend. We'll explore the specifics further.

Evaluating Dividend: NYSE:INGR

An integral part of ChartMill's stock analysis is the Dividend Rating, which spans from 0 to 10. This rating evaluates diverse dividend factors, including yield, historical data, growth, and sustainability. NYSE:INGR has received a 7 out of 10:

• Compared to an average industry Dividend Yield of 3.86, INGR pays a bit more dividend than its industry peers.
• INGR has been paying a dividend for at least 10 years, so it has a reliable track record.
• INGR has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
• INGR pays out 30.31% of its income as dividend. This is a sustainable payout ratio.
• The dividend of INGR is growing, but earnings are growing more, so the dividend growth is sustainable.

Health Analysis for NYSE:INGR

ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For NYSE:INGR, the assigned 8 for health provides valuable insights:

• An Altman-Z score of 4.19 indicates that INGR is not in any danger for bankruptcy at the moment.
• The Altman-Z score of INGR (4.19) is better than 80.23% of its industry peers.
• INGR has a debt to FCF ratio of 1.59. This is a very positive value and a sign of high solvency as it would only need 1.59 years to pay back of all of its debts.
• With a decent Debt to FCF ratio value of 1.59, INGR is doing good in the industry, outperforming 79.07% of the companies in the same industry.
• A Debt/Equity ratio of 0.47 indicates that INGR is not too dependend on debt financing.
• INGR has a Current Ratio of 2.67. This indicates that INGR is financially healthy and has no problem in meeting its short term obligations.
• INGR's Current ratio of 2.67 is amongst the best of the industry. INGR outperforms 80.23% of its industry peers.
• INGR has a Quick ratio of 1.69. This is amongst the best in the industry. INGR outperforms 80.23% of its industry peers.

How do we evaluate the Profitability for NYSE:INGR?

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:INGR has earned a 8 out of 10:

• Looking at the Return On Assets, with a value of 9.08%, INGR belongs to the top of the industry, outperforming 88.37% of the companies in the same industry.
• With an excellent Return On Equity value of 17.29%, INGR belongs to the best of the industry, outperforming 82.56% of the companies in the same industry.
• INGR has a Return On Invested Capital of 11.54%. This is amongst the best in the industry. INGR outperforms 86.05% of its industry peers.
• The last Return On Invested Capital (11.54%) for INGR is above the 3 year average (10.10%), which is a sign of increasing profitability.
• INGR has a better Profit Margin (9.05%) than 82.56% of its industry peers.
• In the last couple of years the Profit Margin of INGR has grown nicely.
• INGR has a Operating Margin of 12.74%. This is amongst the best in the industry. INGR outperforms 80.23% of its industry peers.

More Best Dividend stocks can be found in our Best Dividend screener.

Check the latest full fundamental report of INGR for a complete fundamental analysis.

Disclaimer

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.