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)
Copyright (c) 2025 Dow Jones & Company, Inc.
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