On August 5, 2021, the Board of Directors of International Flavors & Fragrances Inc. authorized a 3%, or $0.02 increase, in the quarterly dividend to $0.79 per share of the company’s common stock. The quarterly dividend is payable on October 5, 2021 to shareholders of record as of September 24, 2021. Including this authorization, IFF has increased its quarterly dividend payment for the twelfth consecutive year.