Interparfums, Inc. (NASDAQ:IPAR) Declares $0.80 Quarterly Dividend

Interparfums, Inc. (NASDAQ:IPAR) announced a quarterly dividend on Wednesday, November 5th. Stockholders of record on Monday, December 15th will be paid a dividend of 0.80 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Monday, December 15th.

Interparfums has increased its dividend payment by an average of 0.2%per year over the last three years and has increased its dividend annually for the last 4 consecutive 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 $5.33 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 60.0%.

Interparfums Stock Up 1.9%

Shares of IPAR stock opened at $91.25 on Thursday. Interparfums has a 52-week low of $87.46 and a 52-week high of $148.15. The stock has a market cap of $2.93 billion, a price-to-earnings ratio of 18.29 and a beta of 1.39. The firm’s 50-day moving average is $100.62 and its 200-day moving average is $116.84. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.69 and a current ratio of 2.96.

Interparfums (NASDAQ:IPAR) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $2.05 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $0.16. Interparfums had a net margin of 11.03% and a return on equity of 16.45%. The business had revenue of $429.58 million for the quarter, compared to analyst estimates of $431.78 million. Interparfums has set its FY 2025 guidance at 5.120-5.120 EPS. Sell-side analysts predict that Interparfums will post 5.14 EPS for the current year.

Interparfums Company Profile

Inter Parfums, Inc, together with its subsidiaries, manufactures, markets, and distributes a range of fragrances and fragrance related products in the United States and internationally. It operates in two segments, European Based Operations and United States Based Operations. The company offers its fragrance and cosmetic products under the Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lanvin, Moncler, Montblanc, Rochas, S.T.