UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 27, 2010
INTERNATIONAL FLAVORS & FRAGRANCES INC.
(Exact name of registrant as specified in its charter)
| New York | 1-4858 | 13-1432060 | ||
| (State or other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
| 521 West 57th Street, New York, New York |
10019 | |
| (Address of Principal Executive Offices) | (Zip Code) |
Registrant’s telephone number, including area code: (212) 765-5500
| (Former name or former address if changed since last report.) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
On July 27, 2010, International Flavors & Fragrances Inc. (the “Company”) issued a press release announcing that its Board of Directors has authorized an eight percent (8%) increase in the Company’s quarterly cash dividend to $0.27 per share from the previous quarterly rate of $0.25 per share. The increased quarterly dividend of $0.27 per share will be paid on October 6, 2010 to all shareholders of record as of September 22, 2010. A copy of the press release is furnished herewith as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| Exhibit | Description | |
99.1
|
Press Release issued by International Flavors & Fragrances Inc. on July 27, 2010. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| INTERNATIONAL FLAVORS & FRAGRANCES INC. | ||
Dated: July 28, 2010
|
By: /s/ Dennis M. Meany | |
| Name: Dennis M. Meany | ||
| Title: Senior Vice President, General Counsel and Secretary |
EXHIBITS INDEX
| Exhibit | Description | |
99.1
|
Press Release issued by International Flavors & Fragrances Inc. on July 27, 2010. |
Exhibit 99.1
INTERNATIONAL FLAVORS & FRAGRANCES
RAISES QUARTERLY DIVIDEND
NEW YORK, N.Y., July 27, 2010 – International Flavors & Fragrances Inc. (NYSE: IFF), a leading global creator of flavors and fragrances for consumer products, today announced that its Board of Directors authorized an increase in the Company’s quarterly cash dividend, raising it eight percent from $0.25 to $0.27. This marks the fifth increase in six years that the Board has raised the dividend. The increased quarterly dividend of $0.27 per share will be paid on October 6, 2010 to all IFF shareholders of record as of September 22, 2010.
“IFF prides itself on its track record of returning cash to shareholders. Over the last five years, we have returned over $1.2 billion through the combination of share repurchases and dividends,” said IFF Chairman and Chief Executive Officer Doug Tough. “Today’s announcement is further evidence of Management’s and the Board’s confidence in our long-term outlook.”
About IFF:
International Flavors & Fragrances Inc. (NYSE: IFF), is a leading global creator of flavors and fragrances used in a wide variety of consumer products and packaged goods. Consumers experience these unique scents and tastes in fine fragrances and beauty care, detergents and household goods, as well as beverages, confectionery and food products. The Company leverages its competitive advantages of brand understanding and consumer insight combined with its focus on R&D and innovation, to provide customers with differentiated product offerings. A member of the S&P 500 Index, IFF has sales, manufacturing and creative facilities in 32 countries worldwide. For more information, please visit our website at www.iff.com.
Investor Contact:
Michael DeVeau
212-708-7164