Interparfums Raises Annual Dividend by 7%

Dow Jones

2025/02/26

By Sabela Ojea

Interparfums is raising its annual cash dividend by 7%.

The perfume maker on Tuesday said its board of directors approved increasing its annual payout to shareholders to $3.20 per share from $3 per share.

"This dividend increase reflects the board's continued confidence in the company's financial strength and ability to achieve long-term, sustainable sales and earnings growth," Interparfums said.

Write to Sabela Ojea at sabela.ojea@wsj.com

(END) Dow Jones Newswires

February 25, 2025 17:54 ET (22:54 GMT)

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