Interparfums Declares $0.80 Quarterly Dividend, Holds Annual Rate at $3.20
Interparfums, Inc., a prestige fragrance producer and distributor, announced a quarterly cash dividend of $0.80 per share payable March 31. The company's board maintained the annual dividend rate at $3.20 per share, unchanged from 2025.
Interparfums, Inc., a prestige fragrance producer and distributor, declared a quarterly cash dividend of $0.80 per share, payable March 31, 2026, to shareholders of record on March 16, 2026. The company's board of directors approved the annual cash dividend rate of $3.20 per share in February 2026, holding steady from the prior year. Read more dividend announcements.
The dividend decision reflects what the company described as "a stable and prudent approach to capital allocation" as it navigates the global fragrance market. Interparfums operates through a 72%-owned European subsidiary and wholly owned U.S. and Italian operations, managing licenses for brands including Coach, Jimmy Choo, Montblanc, Ferragamo, and Lacoste.
| Dividend Details | Date |
|---|---|
| Amount per Share | $0.80 |
| Record Date | March 16, 2026 |
| Payment Date | March 31, 2026 |
| Annual Rate | $3.20 |
Strong Financial Position
The company reported net income attributable to Interparfums of $168 million, or $5.24 per diluted share, for 2025, up 2% from $164 million, or $5.12 per diluted share, in 2024. Net income as a percentage of sales held steady at 11.3%.
Interparfums ended the year with $295 million in cash, cash equivalents and short-term investments, and working capital of $683 million. Inventories declined 6% year-over-year despite currency headwinds from a stronger euro, driven by inventory optimization programs and an improved supply chain. Operating cash flow reached 103% of net income, up from 92% in 2024. Long-term debt stood at approximately $176 million.
2026 Outlook
The company reaffirmed its 2026 guidance of $1.48 billion in sales and earnings per share of $4.85. Management said it would monitor global developments in early 2026 before potentially revising guidance later in the year. The forecast assumes the dollar-euro exchange rate remains at current levels.