Interparfums, Inc. (IPAR) to Distribute Quarterly Dividend of $0.80 on September 30th

Interparfums, Inc. (NASDAQ:IPAR) declared a quarterly dividend on Tuesday, August 4th. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.80 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date is Tuesday, September 15th.

Interparfums has raised its dividend payment 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. Equities research analysts expect Interparfums to earn $5.51 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 58.1%.

Interparfums Stock Performance

Shares of NASDAQ IPAR opened at $123.37 on Thursday. The stock’s fifty day simple moving average is $110.69 and its 200 day simple moving average is $100.12. The stock has a market capitalization of $3.95 billion, a price-to-earnings ratio of 23.59 and a beta of 1.11. The company has a quick ratio of 2.05, a current ratio of 3.26 and a debt-to-equity ratio of 0.10. Interparfums has a 52-week low of $77.21 and a 52-week high of $129.29.

Interparfums (NASDAQ:IPAR) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.95 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.95. The firm had revenue of $341.04 million for the quarter, compared to the consensus estimate of $341.00 million. Interparfums had a return on equity of 15.15% and a net margin of 11.17%.The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.99 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. As a group, sell-side analysts forecast that Interparfums will post 4.85 earnings per share for the current fiscal year.

Institutional Trading of Interparfums

Several hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Interparfums by 3.0% in the 4th quarter. Vanguard Group Inc. now owns 2,163,784 shares of the company’s stock worth $183,554,000 after buying an additional 62,832 shares during the period. First Trust Advisors LP boosted its position in shares of Interparfums by 19.3% in the first quarter. First Trust Advisors LP now owns 879,005 shares of the company’s stock valued at $79,849,000 after acquiring an additional 142,223 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Interparfums by 2.6% in the first quarter. Dimensional Fund Advisors LP now owns 796,189 shares of the company’s stock worth $72,326,000 after acquiring an additional 20,146 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Interparfums by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 753,469 shares of the company’s stock worth $63,917,000 after acquiring an additional 23,767 shares during the last quarter. Finally, State Street Corp increased its position in Interparfums by 0.8% during the fourth quarter. State Street Corp now owns 688,964 shares of the company’s stock worth $58,445,000 after acquiring an additional 5,370 shares during the period. Institutional investors own 55.57% of the company’s stock.

About Interparfums

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.