Dividend rises from $0.25 to $0.27
International Flavours & Fragrances (IFF) has announced an increase in its quarterly cash dividend, raising it from $0.25 to $0.27. The raise is the fifth such increase in six years and will be paid to all IFF shareholders in October.
“IFF prides itself on its track record of returning cash to shareholders. Over the last five years, we have returned over $1.2bn through the combination of share repurchases and dividends,” said chairman and ceo, Doug Tough.