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IFF reports strong Q4 earnings, up 25.7%, and announces a $0.40 dividend despite stock price dip.
International Flavors & Fragrances Inc. (IFF) reported a strong Q4 with a 25.7% rise in earnings and $0.97 EPS, exceeding analyst expectations.
Despite a recent 4.5% drop in stock price, IFF announced a quarterly dividend of $0.40, payable April 11th.
Institutional interest in IFF remains strong, with AllianceBernstein L.P. increasing its holdings by 10.6%, while National Bank of Canada FI reduced its stake by 6.9%.
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El IFF reporta fuertes ganancias Q4, un aumento del 25,7%, y anuncia un dividendo de $0.40 a pesar de la bajada del precio de las acciones.