Ingredion Incorporated (INGR) is a hold. While the 3% distribution is sustainable, the company may struggle to hike the distribution significantly in the interim. Investors should consider these aspects before investing in INGR
- The company expects sales in the Asia-Pacific region to fall due to the impact of trade disputes between the U.S and China, as well as between Korea and Japan.
- The gross margin has increased slightly for the second consecutive quarter, from 20.6% in Q1 2019 to 21.9% in Q3 2019.
- EBITDA has increased for the second consecutive quarter, from