IFF Increases Quarterly Dividend 15% to $0.64 per share
International Flavors & Fragrances Inc. (NYSE: IFF) (Euronext Paris: IFF), a leading innovator of sensory experiences that move the world, announced that its Board of Directors has authorized a quarterly dividend of $0.64 per share of the Company’s common stock, an increase of $0.08 or 15% from $0.56 per share. The quarterly dividend will be payable on October 6, 2016 to shareholders of record as of September 26, 2016.
“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.”
International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris: IFF) is a leading innovator of sensorial experiences that move the world. At the heart of our company, we are fueled by a sense of discovery, constantly asking “what if?”. That passion for exploration drives us to co-create unique products that consumers taste, smell, or feel in fine fragrances and beauty, detergents and household goods, as well as beloved foods and beverages. Our 6,700 team members globally take advantage of leading consumer insights, research and development, creative expertise, and customer intimacy to develop differentiated offerings for consumer products. Learn more at www.iff.com , Twitter , Facebook , Instagram , and LinkedIn .
# # #
International Flavors & Fragrances Inc.
Michael DeVeau, 212-708-7164
VP, Global Corporate Communications & Investor Relations
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Skrive dig op her og du vil løbende modtage pressemeddelelser på mail. Indtast din mail, klik på abonner og følg instruktionerne i den udsendte mail.
Flere pressemeddelelser fra Business Wire
CA-GILEAD-SCIENCES22.2.2018 23:02 | pressemeddelelse
Gilead Sciences Announces Senior Management Change
NY-TRUMP-HOTEL-GROUP22.2.2018 20:23 | pressemeddelelse
Trump International Hotel Washington, D.C. Announced as First Forbes Five Star Hotel in Downtown Washington, D.C.
MN-ENTRUST-DATACARD22.2.2018 19:32 | pressemeddelelse
Entrust Datacard and Infineon Partner to Reduce Complexities with Securing IoT Deployments
CA-BLUE-DANUBE-SYSTEMS22.2.2018 19:12 | pressemeddelelse
Blue Danube Systems Joins xRAN Forum as a Massive MIMO System Supplier Fully Committed to Open Interfaces
CA-BLUE-DANUBE-SYSTEMS22.2.2018 19:09 | pressemeddelelse
Blue Danube Systems First to Demonstrate Benefits of FDD Massive MIMO in Clustered Multi-Sector Deployments
AZ-IDEMIA22.2.2018 17:10 | pressemeddelelse
Avnet and IDEMIA Develop Highly Flexible ‘Plug & Play’ Cellular Connectivity Solution for IoT and Industry 4.0 Applications
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter, og finde vores kontaktoplysninger.Besøg vores nyhedsrum