Interparfums, Inc. (NASDAQ:IPAR – Get Free Report) declared a quarterly dividend on Tuesday, February 24th. Stockholders of record on Monday, June 15th will be given a dividend of 0.80 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Monday, June 15th.
Interparfums has increased its dividend by an average of 0.6%per year over the last three years and has raised its dividend every year for the last 4 years. Interparfums has a dividend payout ratio of 55.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Interparfums to earn $5.49 per share next year, which means the company should continue to be able to cover its $3.20 annual dividend with an expected future payout ratio of 58.3%.
Interparfums Stock Up 1.6%
IPAR stock opened at $101.78 on Friday. Interparfums has a twelve month low of $77.21 and a twelve month high of $141.51. The company has a quick ratio of 2.05, a current ratio of 3.26 and a debt-to-equity ratio of 0.10. The stock’s 50 day moving average is $92.55 and its 200-day moving average is $91.62. The firm has a market capitalization of $3.26 billion, a PE ratio of 19.31 and a beta of 1.16.
Interparfums Company Profile
Interparfums, Inc is a global fragrance company that designs, manufactures and distributes a broad range of premium perfume and cosmetic products. Operating primarily through licensing agreements with established fashion and luxury brands, the company oversees every stage of product development from concept and formulation to production and global distribution. Its portfolio encompasses well-known names in the fragrance industry, including Montblanc, Coach, Jimmy Choo, Van Cleef & Arpels and Lanvin, among others.
The company’s core activities include fragrance creation, brand management and international logistics.
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