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Inghams Group Ltd (ASX:ING)

Food, Beverage & Tobacco

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Inghams Group Ltd (ASX: ING) was founded in 1918 and has gone on to become Australia and New Zealand’s leading poultry producer supplying retail, restaurants and food service customers with four million birds per week. Inghams employs more than 8,000 staff across its feed mills, farms, hatcheries, processing plants and distribution centres.

Inghams Group Ltd (ASX:ING) share price

Inghams Group Ltd (ASX:ING) share price news

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ASX Share Ideas
Drew Meredith, CFP

S&P/ASX 200 news today: Santos & James Hardie (ASX:JHX) shares in focus

The S&P/ASX200 (INDEXASX: XJO) gained another 0.4 per cent on Tuesday with a broad-based rally managing to overcome a selloff in the energy sector. The staples and utilities sectors were strongest gaining 1.3 and 1.4 per cent, with healthcare and financials not far behind. Energy, however, fell by more than 2.3 per cent on a weaker oil price and talk of further intervention.

ASX Share Ideas
Drew Meredith, CFP

All Ords (XAO) price smacked by rates, ZIP share price dumped

The All Ordinaries (ASX: XAO) and S&P/ASX 200 (INDEXASX: XJO) were on hold ahead of the RBA’s latest board meeting and interest rate decision. Elsewhere the Zip Co Ltd (ASX: ZIP) share price was dumped by investors.

Capital Raising
Dividend Shares
Value Downunder

Dividend growth investing #8: Inghams Group (ASX:ING)

Inghams Group (ASX: ING) has had a volatile dividend history and is currently paying 4.78% fully franked or 6.82% gross. Analysts are predicting an FY23 forward dividend yield of 5.8%, and earnings per share (EPS) growth of 8.07%. This gives ING an impressive 12.85% Chowder Number, at arguably a reasonable valuation.

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