On July 11, 2023, Intl Flavors & Fragrances IFF will distribute a dividend payout of $0.81 per share, equating to an annualized dividend yield of 3.37%. Shareholders who owned the stock before the ex-dividend date on June 22, 2023 will receive this payout.
Intl Flavors & Fragrances Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-06-22 | 4 | $0.81 | 3.37% | 2023-05-03 | 2023-06-23 | 2023-07-11 |
| 2023-03-23 | 4 | $0.81 | 3.68% | 2023-03-09 | 2023-03-24 | 2023-04-06 |
| 2022-12-27 | 4 | $0.81 | 3.02% | 2022-12-14 | 2022-12-28 | 2023-01-06 |
| 2022-09-22 | 4 | $0.81 | 2.61% | 2022-08-03 | 2022-09-23 | 2022-10-05 |
| 2022-06-23 | 4 | $0.79 | 2.5% | 2022-05-05 | 2022-06-24 | 2022-07-06 |
| 2022-03-24 | 4 | $0.79 | 2.38% | 2022-03-01 | 2022-03-25 | 2022-04-06 |
| 2021-12-27 | 4 | $0.79 | 2.18% | 2021-12-08 | 2021-12-28 | 2022-01-07 |
| 2021-09-23 | 4 | $0.79 | 2.14% | 2021-08-05 | 2021-09-24 | 2021-10-05 |
| 2021-06-24 | 4 | $0.77 | 2.12% | 2021-05-05 | 2021-06-25 | 2021-07-06 |
| 2021-03-25 | 4 | $0.77 | 2.25% | 2021-03-03 | 2021-03-26 | 2021-04-06 |
| 2020-12-24 | 4 | $0.77 | 2.67% | 2020-12-09 | 2020-12-28 | 2021-01-07 |
| 2020-09-23 | 4 | $0.77 | 2.43% | 2020-08-10 | 2020-09-24 | 2020-10-05 |
Intl Flavors & Fragrances's dividend yield falls in the middle range when compared to its industry peers, with Eastman Chemical EMN having the highest annualized dividend yield at 3.76%.
Analyzing Intl Flavors & Fragrances Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $2.96 to $3.20, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Intl Flavors & Fragrances
From 2019 to 2022, Intl Flavors & Fragrances experienced a decrease in earnings per share, dropping from $5.93 to $5.69. This declining earnings trend may be worrisome for income-seeking investors, as it indicates a potential impact on the company's ability to sustain or increase its cash dividend payouts. Further analysis is necessary to understand the underlying reasons for this decrease.
Recap
This article takes an in-depth look at Intl Flavors & Fragrances's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.81 per share today, translating to an annualized dividend yield of 3.37%.
Intl Flavors & Fragrances's dividend yield falls in the middle range when compared to its industry peers, with Eastman Chemical having the highest annualized dividend yield at 3.76%.
With dividend per share increasing and earnings per share decreasing from 2019 to 2022, Intl Flavors & Fragrances seems to be emphasizing the distribution of profits to investors despite the decline in profitability.
Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
