Ten shares fell after the struggling broadcaster completed part of a $230 million capital raising.
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Ten shares fell after the struggling broadcaster completed part of a $230 million capital raising.
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In this Thursday, Sept. 22, 2011, photo, employees at Groupon pose in silhouette by the company logo in the lobby of the online coupon company's Chicago offices. Groupon Inc., the No. 1 online deals service, failed to show investors on Thursda, Nov. 8, 2012, that its business is growing as quickly as they would like, as it was hurt by what it called "continued challenges" from the economic weakness in Europe. (AP Photo/Charles Rex Arbogast)
Ingredion raises dividend to 38 cents per share
WESTCHESTER, Ill. (
AP) —
Ingredion Inc. said Wednesday that its board authorized an increase in the company's quarterly dividend to 38 cents per share from 26 cents per share.
The maker of food sweeteners, starches and nutrition ingredients said the dividend is payable on April 25, to shareholders of record as of April 1.
The increase is the fourth in the past two years for Ingredion, based in Westchester, Ill.
Shares of Ingredion rose $1.07 to close at $69.91.
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