Int'l Flavors & Fragrances (IFF) Raises Quarterly Dividend 14.3% to $0.64; 1.9% Yield

Int'l Flavors & Fragrances (NYSE: IFF) declared a quarterly dividend of $0.64 per share, or $2.56 annualized. This is a 14.3% increase from the prior dividend of $0.56.

The dividend will be payable on October 6, 2016, to stockholders of record on September 26, 2016, with an ex-dividend date of September 22, 2016.

The annual yield on the dividend is 1.9 percent.

“This marks the sixth consecutive year that the Board has approved a double-digit increase in our annual dividend,” said Andreas Fibig, IFF’s Chairman and CEO. “This increase, which should result in an approximately 2% dividend yield, combined with our existing share repurchase program demonstrates our confidence in IFF’s long-term growth prospects and commitment to returning 50-60% of adjusted net income to our shareholders.”

For a dividend history and other dividend-related data on Int'l Flavors & Fragrances (IFF) click here.

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