Materials Dividends Spotlight: International Flavors & Fragrances' (IFF) Consistent Payouts

International Flavors & Fragrances Inc. (NYSE:IFF) is included among the 13 Best Materials Dividend Stocks to Buy Right Now.

International Flavors & Fragrances Inc. (NYSE:IFF), headquartered in New York, is a diversified company with a strong presence in the taste, scent, nutrition, and health industries. Its acquisition of DuPont’s Nutrition & Biosciences division in 2021 significantly expanded its offerings to include enzymes, cultures, and texture solutions, strengthening its role as a key supplier to both established consumer goods companies and emerging food-tech firms.

Although International Flavors & Fragrances Inc. (NYSE:IFF) may not lead the sector in growth rates, its wide-ranging product portfolio and market presence give it a competitive edge. It goes beyond being a basic supplier, standing out as one of the few ingredient companies deeply involved in research and development.

In addition, International Flavors & Fragrances Inc. (NYSE:IFF) is a solid dividend company. Though the company does not have any dividend growth history, it has been making regular dividend payments to shareholders since 1972. Currently, it offers a quarterly dividend of $0.40 per share and has a dividend yield of 2.14%, as of July 29.

While we acknowledge the potential of IFF as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.