International Flavors & Fragrances Inc(NYSE:IFF) Declares Dividend of $0.6400.

International Flavors & Fragrances Inc (NYSE:IFF) had declared a cash dividend of $0.6400 on Aug 3, 2016. The shares will quote ex-dividend on Sep 22, 2016 and the record date has been fixed for Sep 26, 2016. On Aug 3, 2016 share price, the yield comes out to be 1.9099%. The dividend payable date has been fixed on Oct 6, 2016.

In a different note, Berenberg said it Initiates Coverage on International Flavors & Fragrances Inc, according to a research note issued on Jul 20, 2016. The shares have been rated ‘Buy’ by the firm. On Jul 20, 2016, Deutsche Bank said it Maintains its rating on International Flavors & Fragrances Inc. In the research note, the firm Raises the price-target to $124.00 per share. The shares have been rated ‘Hold’ by the firm.

International Flavors & Fragrances Inc (IFF) shares turned negative on Fridays trading session with the shares closing down -0.45 points or -0.33% at a volume of 3,30,829. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $136.45. The peak price level was also seen at $136.45 while the days lowest was $135.17. Finally the shares closed at $135.59. The 52-week high of the shares is $139.81 while the 52-week low is $97.24. According to the latest information available, the market cap of the company is $10,792 M.

International Flavors & Fragrances Inc(IFF) last announced its earnings results on May 9, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $783.31M. Analysts had an estimated revenue of $776.30M. Earnings per share were $1.47. Analysts had estimated an EPS of $1.40.

Several Insider Transactions has been reported to the SEC. On Jul 19, 2016, Nicolas Mirzayantz (Group President Fragrance) sold 3,880 shares at $132.11 per share price.Also, On Oct 22, 2015, Francisco Fortanet (EVP, Operations) sold 1,150 shares at $113.42 per share price.On Oct 14, 2015, Ahmet Baydar (EVP, Research & Development) sold 1,700 shares at $109.31 per share price, according to the Form-4 filing with the securities and exchange commission.

International Flavors & Fragrances Inc. (IFF) creates manufactures and supplies flavors and fragrances for the food beverage personal care and household products industries either in the form of compounds or individual ingredients. The company operates in two segments: Flavors and Fragrances. Flavors segment offers flavor compounds that are sold to the food and beverage industries for use in consumer products such as prepared foods beverages dairy food and sweet products. Fragrances segment offers fragrance compounds including fine and fragrance ingredients. The Company’s products are sold principally to manufacturers of perfumes and cosmetics hair and other personal care products soaps and detergents cleaning products dairy meat and other processed foods beverages snacks and savory foods sweet and baked goods and pharmaceutical and oral care products.

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