IFF dividend calculator – International Flavors & Fragrances Announces 0.81 Cash Dividend

Dividends Yield

On March 10, 2023, International Flavors & Fragrances ($NYSE:IFF) Inc. (IFF) announced a cash dividend of 0.81 USD per share. This announcement is ideal for anyone looking for a dividend stock, as IFF has maintained a consistent dividend per share of 3.2 USD over the past three years and a dividend yield of 2.65% for the 2022 to 2023 period. To be eligible for this dividend, investors must purchase IFF shares before the ex-dividend date on March 23, 2023. International Flavors & Fragrances Inc. is a leading manufacturer of flavors and fragrances used in Food, Beverage, Consumer Goods and Cosmetics industries. The company is known for its innovative research and development, enabling it to develop unique products used in products around the world. With a strong balance sheet, competitive products and an impressive track record of dividends, IFF is an attractive option for investors seeking a dividend stock.

The 0.81 USD cash dividend announced by IFF is the latest in the company’s history of rewarding shareholders with regular dividends. In the past 3 years, IFF has consistently issued an annual dividend per share of 3.2 USD resulting in a dividend yield of 2.65% for 2022 to 2023. The ex-dividend date for this 0.81 USD cash dividend is March 23, 2023, giving investors a chance to invest in the company and receive the upcoming dividend payment. With an impressive track record of dividends, competitive products and an innovative research and development program, IFF is an attractive option for anyone interested in diversifying their portfolio with a dividend stock. If you are considering investing in IFF, make sure to purchase shares before the ex-dividend date on March 23, 2023.

Stock Price

The stock opened at 86.4, but closed the day at 84.6, a decrease of 1.7% from the prior closing price of 86.1. This decrease in share value was likely due to the announcement of the dividend, which signals to investors that the company is expecting lower and/or more uncertain profits in the future. This is a sign of caution from IFF and its management, as they look to secure their long-term financial health. By paying out a dividend, IFF signals to shareholders that they are still confident in the company’s future prospects, even if there are some short-term issues. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for IFF. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for IFF. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for IFF. More…

Key Ratios Snapshot

Some of the financial key ratios for IFF are shown below. More…

Analysis – IFF Intrinsic Value

GoodWhale can help you analyze INTERNATIONAL FLAVORS & FRAGRANCES’s fundamentals. Our proprietary Valuation Line indicates that the intrinsic value of INTERNATIONAL FLAVORS & FRAGRANCES share is around $136.3. At the time of writing, the stock is trading at $84.6, which represents an undervaluation of 37.9%. This might be an opportune time to buy shares of INTERNATIONAL FLAVORS & FRAGRANCES. More…

Peers

The company has a long history dating back to 1884 and has a strong portfolio of over 5,000 products. Koninklijke DSM NV, Ashland Global Holdings Inc, and Chr. Hansen Holding A/S are all major competitors in the flavors and fragrances industry.

– Koninklijke DSM NV ($LTS:0NPP)

Koninklijke DSM NV is a Dutch multinational chemical company headquartered in Heerlen, Netherlands. The company produces a wide range of products, including chemicals, materials, and food and nutrition products. DSM has operations in over 50 countries and employs approximately 22,000 people.

DSM’s market cap as of 2022 is 20.77B. The company’s ROE is 6.75%. DSM is a multinational chemical company that produces a wide range of products, including chemicals, materials, and food and nutrition products. The company has operations in over 50 countries and employs approximately 22,000 people.

– Ashland Global Holdings Inc ($NYSE:ASH)

Ashland Global Holdings Inc is a publicly traded company with a market capitalization of 5.33 billion as of 2022. The company has a return on equity of 4.57%. Ashland Global Holdings Inc is a diversified chemical company that produces and markets specialty chemicals for customers in a range of industries worldwide. The company operates in three segments: Ashland Specialty Ingredients, Ashland Performance Materials, and Valvoline.

– Chr. Hansen Holding A/S ($LTS:0MR6)

Chr. Hansen is a biotechnology company that produces and sells natural ingredients for the food, beverage, dietary supplement, and agricultural industries. The company has a market cap of 55.93B as of 2022 and a return on equity of 19.79%. Chr. Hansen was founded in 1874 and is headquartered in Hørsholm, Denmark.

Summary

International Flavors & Fragrances Inc. (IFF) is a successful stock for investors looking for dividend income. The company has consistently paid out a dividend per share of 3.2 USD for the last three years, resulting in a yield of 2.65% for 2022-2023. Investors can also benefit from IFF’s steady cash flow due to its strong market position, which allows it to maintain a consistent dividend payment ratio.

Its strong balance sheet and liquidity make it a safe bet for long-term investors, while its strong market presence should ensure growth in the years ahead. Overall, IFF is an attractive option for dividend-seeking investors.