The British ingredients company reported lower profit for what it called a disappointing fiscal year.

WESTCHESTER, Ill., May 20, 2026 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions, announced today that its board of directors declared a quarterly dividend of $0.82 per share on the Company's common stock.

Ingredion Incorporated (INGR) remains a Buy, supported by strong financials and robust cash generation despite recent operational setbacks and macro pressures. Q1 results were weak due to Argo facility issues, leading to reduced 2026 guidance and highlighting operational and cost risks. Potential acquisition of Tate & Lyle could transform INGR, expanding geographic reach significantly and helping to diversify into higher-growth segments.

The proposed offer value is a 64% premium to the London-listed food-and-beverage ingredient company's closing share price Wednesday.

Britain's Tate & Lyle on ​Thursday said it was ‌in discussions with U.S. rival Ingredion over a possible ​takeover of the food ​ingredients maker, valuing it ⁠at 2.74 billion pounds ($3.70 ​billion), after receiving multiple ​approaches.

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Ingredion NYSE: INGR reported a weaker-than-expected first quarter of 2026, as operational problems at its Argo facility weighed heavily on results in its Food & Industrial Ingredients U.S. Canada segment, while its Texture & Healthful Solutions business continued to post volume growth.

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Ingredion Incorporated (INGR) Q1 2026 Earnings Call Transcript

Ingredion (INGR) came out with quarterly earnings of $2.34 per share, missing the Zacks Consensus Estimate of $2.44 per share. This compares to earnings of $2.97 per share a year ago.