Corn Products (CPO) Dividend Raised 14 Percent

The The Board of Directors of Corn Products International, Inc. (NYSE:CPO) raised the quarterly dividend of the company by 14 percent to 16 cents a share, up from 14 cents a share previously.

The dividend is payable on July 25, 2011, to stockholders of record at the close of business on June 30, 2011.

Corn Products International, Inc., which manufactures and markets a variety of food ingredients to food and industrial customers in North America, South America, Asia, and Africa, has soared 58 percent over the last year.

Corn Products International closed Wednesday at $53.85, gaining $0.77, or 1.45 percent.