IFF Increases Quarterly Dividend 6% to $0.73 per share

Regulatory News:

International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris:IFF),
a leading innovator of sensory experiences that move the world,
authorized a quarterly dividend of $0.73 per share of the Company’s
common stock, an increase of 6%, from the current quarterly dividend of
$0.69 per share. The quarterly dividend will be payable on October 5,
2018 to shareholders of record as of September 24, 2018.

“Increasing our dividend today reflects the Board’s confidence in the
cash generation potential and financial strength of the Company,” said
IFF Chairman and CEO Andreas Fibig. “IFF maintains a disciplined
approach to capital allocation as we continue to accelerate growth
through organic investments and strategic acquisitions, while returning
significant capital to shareholders. Consistent with this approach,
today’s announcement marks the ninth consecutive year that the Board has
approved an increase in our quarterly dividend. This comes as we combine
with Frutarom – announced in May – to create a global leader in natural
taste, scent and nutrition, and bring our customers a strong, more
differentiated offering in fast-growing and diverse markets. We look
forward to completing the transaction and executing on our strategy to
continue to generate long-term value for our shareholders.”

Meet IFF

International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris: IFF)
is a leading innovator of sensorial experiences that move the world. At
the heart of our company, we are fueled by a sense of discovery,
constantly asking “what if?”. That passion for exploration drives us to
co-create unique products that consumers taste, smell, or feel in fine
fragrances and beauty, detergents and household goods, as well as
beloved foods and beverages. Our 7,300 team members globally take
advantage of leading consumer insights, research and development,
creative expertise, and customer intimacy to develop differentiated
offerings for consumer products. Learn more at www.iff.com,
and LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180801005905/en/

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