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Operating income Fourth quarter operating income was $29 million, up $1 million from the year-ago period. The increase was largely attributable to lower input costs and favorable price mix. Full-year operating income was $102 million, an increase of $3 million from prior year. The increase was largely attributable to Pakistan pricing actions, strong EMEA specialty sales, and lower operating expenses in Europe. This increase was partially offset by the impacts of stay-at-home orders on Pakistan sales volume in the first half and negative Pakistan foreign currency impacts. Excluding foreign currency impacts, segment operating income was up 7 percent. Dividends In December 2020, the Company paid a quarterly dividend of $46 million ($0.64 per share). The Company paid $178 million of dividends in 2020.

United statesJames grayTiffany willisJim zallieBecca haryIngredion incorporatedSecurities exchangeVerdient foods incCost smartDriving growth roadmapIdea labsSouth americaVerdient foodsSouth sioux citySupplemental financial informationCondensed consolidated financial statements