IFF Declares Dividend for First Quarter 2023

Rhea-AI Summary

IFF (NYSE: IFF) has declared a quarterly cash dividend of $0.81 per share, payable on April 6, 2023, to shareholders of record as of March 24, 2023. This decision reflects the company's commitment to returning value to its shareholders while maintaining financial stability. IFF continues to lead in the food, beverage, scent, health, and biosciences sectors, merging science and creativity to deliver essential solutions. Stay informed about IFF's initiatives and updates by visiting iff.com.

Positive

• Quarterly cash dividend of $0.81 per share announced.
• Dividend payment reflects the company's commitment to shareholder value.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- IFF (NYSE: IFF) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.81 per share of its common stock, payable on April 6, 2023 to shareholders of record as of March 24, 2023.

Welcome to IFF

At IFF (NYSE: IFF), an industry leader in food, beverage, scent, health and biosciences, science and creativity meet to create essential solutions for a better world – from global icons to unexpected innovations and experiences. With the beauty of art and the precision of science, we are an international collective of thinkers who partners with customers to bring scents, tastes, experiences, ingredients and solutions for products the world craves. Together, we will do more good for people and planet. Learn more at iff.com, Twitter, Facebook, Instagram, and LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230309005507/en/

Media Relations:

Paula Heinkel

332.877.5339

Media.request@iff.com

Investor Relations:

Michael Bender

212.708.7263

Investor.Relations@iff.com

Source: IFF

FAQ

What is the dividend amount declared by IFF in 2023?

IFF declared a quarterly cash dividend of $0.81 per share.

When will IFF pay its dividend?

The dividend will be paid on April 6, 2023.

What is the record date for IFF's dividend?

The record date for the dividend is March 24, 2023.

How often does IFF pay dividends?

IFF typically pays dividends quarterly.

Is IFF's dividend sustainable?

The press release does not provide specific information on the sustainability of the dividend.