International Flavors & Fragrances (IFF) Dividend Capture: 0.59% per event (2.3% annualized)
International Flavors & Fragrances (IFF) has touched its pre-ex close within 30 trading days in 85% of the last 20 ex-dividend events, with a median time-to-touch of 1 trading day (limit-order recovery basis). The dividend is below the typical daily price swing (signal-to-noise 0.28), meaning ordinary day-to-day noise can easily exceed the dividend itself.
Versus its sector, IFF sits noticeably below the Basic Materials sector benchmark of 95%. The sector median time-to-touch is 1 trading day, matching the peer pace.
Historical base rates are not predictions; transaction costs, slippage, and ordinary-income tax on short holding periods can materially reduce realized profit. The next confirmed ex-dividend date is Jun 18, 2026, with an expected dividend of $0.40.
- Touch rate (30d)
- 85%-10pp vs sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise
- 0.28+0.08 vs sector
Recovery engine
TL;DR over the most recent 20 events.
- 30-day touch rate
- 85%-10pp vs sector
- Median days-to-touch
- 1din line with sector
- Signal-to-noise (div / ATR)
- 0.28+0.08 vs sector
- Avg gap on ex-date
- -0.62%-0.24pp vs sector
- Win rate at MOC exit
- 65%
- Median drawdown during hold
- -2.89%+1.75pp vs sector
- Best / worst touch (days)
- 1 / 7
Next ex-dividend
Confirmed by company declaration.
- Dividend
- $0.40
- Per-event yield
- 0.59%
- Annualized yield
- 2.26%
- Previously paid
- Mar 20, 2026 ($0.40)
- Last record date
- Mar 20, 2026
- Last payment date
- Apr 10, 2026
How IFF ranks in Basic Materials
Compared with other stocks in this sector that pass our capture-quality filter (28 tickers). Lower rank number is better on every metric below.
- 30-day touch rate#22of 28
Beats ~21% of peers on this metric
- Median days to touch#1of 28
Beats ~96% of peers on this metric
- Signal-to-noise#9of 28
Beats ~68% of peers on this metric
IFF Dividend Capture History — Last 20 Ex-Dividend Events
Per-event gap on ex-date, the pre-ex close used as the touch target, trading days to first intraday high at or above that level, plus 5/30-day touch flags, drawdown and 5-day P&L for International Flavors & Fragrances (IFF). For a stricter close-at-bell exit timeline, use the simulator below (MOC mode). td = trading days from ex-date.
| Recovered 5d | Recovered 30d | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Q1 | $0.40 | 0.43% | $68.13 | 1 | yes | yes | -2.85% | +4.81% | |
| Q4 | $0.40 | -0.92% | $65.41 | 1 | yes | yes | -1.54% | +4.20% | |
| Q3 | $0.40 | 0.02% | $60.72 | 1 | yes | yes | -2.60% | +1.94% | |
| Q2 | $0.40 | -0.23% | $74.89 | 1 | yes | yes | -3.02% | -0.19% | |
| Q1 | $0.40 | -1.10% | $79.74 | >30 | no | no | -5.03% | -3.59% | |
| Q4 | $0.40 | -0.80% | $85.94 | 1 | yes | yes | -4.76% | -1.84% | |
| Q3 | $0.40 | -0.80% | $103.24 | 1 | yes | yes | -2.93% | +2.21% | |
| Q2 | $0.40 | -0.14% | $96.17 | 1 | yes | yes | -3.59% | -0.58% | |
| Q1 | $0.40 | 0.20% | $83.92 | 1 | yes | yes | -3.57% | +2.94% | |
| Q4 | $0.81 | -1.12% | $82.08 | 2 | yes | yes | -4.01% | -2.10% | |
| Q3 | $0.81 | -2.49% | $70.00 | >30 | no | no | -7.64% | -1.44% | |
| Q2 | $0.81 | -1.41% | $78.16 | 7 | no | yes | -3.81% | +0.59% | |
| Q1 | $0.81 | -0.96% | $83.03 | 1 | yes | yes | -1.08% | +10.00% | |
| Q4 | $0.81 | -0.97% | $103.90 | 1 | yes | yes | -1.26% | +4.88% | |
| Q3 | $0.81 | -1.16% | $99.15 | >30 | no | no | -9.27% | -6.82% | |
| Q2 | $0.79 | -0.03% | $115.71 | 1 | yes | yes | -1.07% | +3.63% | |
| Q1 | $0.79 | -1.24% | $126.13 | 1 | yes | yes | -1.89% | +4.75% | |
| Q4 | $0.79 | 0.01% | $143.09 | 1 | yes | yes | -0.81% | +4.77% | |
| Q3 | $0.79 | 0.19% | $132.61 | 1 | yes | yes | -1.58% | +1.43% | |
| Q2 | $0.77 | 0.03% | $148.45 | 1 | yes | yes | -1.48% | +1.15% |
Q1
- Dividend
- $0.40
- Gap %
- 0.43%
- Pre-ex close
- $68.13
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.85%
- P&L 5d %
- +4.81%
Q4
- Dividend
- $0.40
- Gap %
- -0.92%
- Pre-ex close
- $65.41
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.54%
- P&L 5d %
- +4.20%
Q3
- Dividend
- $0.40
- Gap %
- 0.02%
- Pre-ex close
- $60.72
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.60%
- P&L 5d %
- +1.94%
Q2
- Dividend
- $0.40
- Gap %
- -0.23%
- Pre-ex close
- $74.89
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.02%
- P&L 5d %
- -0.19%
Q1
- Dividend
- $0.40
- Gap %
- -1.10%
- Pre-ex close
- $79.74
- High touch (td)
- >30
- Recovered 5d
- no
- Recovered 30d
- no
- Drawdown
- -5.03%
- P&L 5d %
- -3.59%
Q4
- Dividend
- $0.40
- Gap %
- -0.80%
- Pre-ex close
- $85.94
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.76%
- P&L 5d %
- -1.84%
Q3
- Dividend
- $0.40
- Gap %
- -0.80%
- Pre-ex close
- $103.24
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -2.93%
- P&L 5d %
- +2.21%
Q2
- Dividend
- $0.40
- Gap %
- -0.14%
- Pre-ex close
- $96.17
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.59%
- P&L 5d %
- -0.58%
Q1
- Dividend
- $0.40
- Gap %
- 0.20%
- Pre-ex close
- $83.92
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -3.57%
- P&L 5d %
- +2.94%
Q4
- Dividend
- $0.81
- Gap %
- -1.12%
- Pre-ex close
- $82.08
- High touch (td)
- 2
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -4.01%
- P&L 5d %
- -2.10%
Q3
- Dividend
- $0.81
- Gap %
- -2.49%
- Pre-ex close
- $70.00
- High touch (td)
- >30
- Recovered 5d
- no
- Recovered 30d
- no
- Drawdown
- -7.64%
- P&L 5d %
- -1.44%
Q2
- Dividend
- $0.81
- Gap %
- -1.41%
- Pre-ex close
- $78.16
- High touch (td)
- 7
- Recovered 5d
- no
- Recovered 30d
- yes
- Drawdown
- -3.81%
- P&L 5d %
- +0.59%
Q1
- Dividend
- $0.81
- Gap %
- -0.96%
- Pre-ex close
- $83.03
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.08%
- P&L 5d %
- +10.00%
Q4
- Dividend
- $0.81
- Gap %
- -0.97%
- Pre-ex close
- $103.90
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.26%
- P&L 5d %
- +4.88%
Q3
- Dividend
- $0.81
- Gap %
- -1.16%
- Pre-ex close
- $99.15
- High touch (td)
- >30
- Recovered 5d
- no
- Recovered 30d
- no
- Drawdown
- -9.27%
- P&L 5d %
- -6.82%
Q2
- Dividend
- $0.79
- Gap %
- -0.03%
- Pre-ex close
- $115.71
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.07%
- P&L 5d %
- +3.63%
Q1
- Dividend
- $0.79
- Gap %
- -1.24%
- Pre-ex close
- $126.13
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.89%
- P&L 5d %
- +4.75%
Q4
- Dividend
- $0.79
- Gap %
- 0.01%
- Pre-ex close
- $143.09
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -0.81%
- P&L 5d %
- +4.77%
Q3
- Dividend
- $0.79
- Gap %
- 0.19%
- Pre-ex close
- $132.61
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.58%
- P&L 5d %
- +1.43%
Q2
- Dividend
- $0.77
- Gap %
- 0.03%
- Pre-ex close
- $148.45
- High touch (td)
- 1
- Recovered 5d
- yes
- Recovered 30d
- yes
- Drawdown
- -1.48%
- P&L 5d %
- +1.15%
IFF Pre-Ex Touch Time Distribution
- ≤ 1 day1575%
- 2–3 days15%
- 4–5 days00%
- 6–10 days15%
- 11–30 days00%
- 30+315%
75% within 1d · 80% within 5d · 85% within 30d
IFF Dividend Capture Calculator — After-Tax Yield
Pre-filled with IFF's next expected dividend and recent close. Adjust tax rate, holding period and slippage to estimate after-tax capture yield.
Holding shorter than the IRS 61-day rule disqualifies the dividend from “qualified” status — it is taxed as ordinary income at your marginal rate. Adjust Tax % accordingly.
- Gross dividend
- $80.00
- After-tax dividend
- $52.00
- Slippage round-trip
- -$13.63
- Net if price returns to pre-ex
- +$38.37
- Required recovery to break even
- 0.00%
- Per-event after-tax yield
- +0.28%
- Annual if all succeed
- ~14.2%
IFF Dividend Capture Backtest Simulator
Replay every historical IFF ex-dividend with two exit strategies: a GTC limit-order at the pre-ex close (limit-order P&L on first intraday touch), or hold for N days and exit at MOC. Pick the window and quarter filter that matches your plan and see realized P&L per event.
Sell back at the pre-ex close on the first intraday touch within the window. If it never touches, exit at MOC after the window expires (stop-loss).
Figures are gross — before tax, commissions, and slippage. Percents are per-event return on capital at entry (pre-ex close).
Cumulative P&L (equity curve)
Vertical axis: cumulative sum of per-event % (same units as the headline cumulative). Hover dots for exact values.
Per-event P&L distribution
20 trades in this sample · bar height ∝ count in each bucket (gross % per event).
Scenario P&L by event · IFF (20)
Scenario P&L — updates with exit mode, window, and quarter. History adds gap, touch, drawdown, and a fixed P&L 5d % (MOC). Same per-row % as that column only for MOC + 5d on the same rows. Oldest → newest, gross pre-ex close basis.
| Ex-date | P&L |
|---|---|
| +0.52% | |
| +0.60% | |
| +0.55% | |
| +0.63% | |
| +0.68% | |
| -6.82% | |
| +0.78% | |
| +0.98% | |
| +0.59% | |
| -1.44% | |
| +0.99% | |
| +0.48% | |
| +0.42% | |
| +0.39% | |
| +0.47% | |
| -3.59% | |
| +0.53% | |
| +0.66% | |
| +0.61% | |
| +0.59% |
Looking for full price seasonality? See IFF seasonality →
Frequently asked questions
What is the dividend capture success rate for IFF?
Across the last 20 ex-dividend events for International Flavors & Fragrances (IFF), the post-ex intraday high reached the pre-ex close within 30 trading days in 85% of cases, with a median time-to-touch of 1 trading day. We measure recovery via intraday high because that is when a GTC limit-order at the pre-ex close would actually fill, ending the trade at break-even with the dividend pocketed.
How long does it take IFF to recover its dividend gap?
Historically, IFF touches its pre-ex close in a median of 1 trading day, with the best case at 1 and the worst case at 7 trading days within our 30-day measurement window. A stricter close-based recovery (mark-to-MOC) is also computed in the database; explore it with the per-ticker simulator’s “Hold N days, exit MOC” mode rather than in the event table.
Is the dividend on IFF large enough to capture?
IFF has a signal-to-noise ratio of 0.28 (dividend / 14-day ATR). Values above 1.0 indicate the dividend is larger than the typical daily price swing, making capture trades more viable; below 0.5 means typical daily noise can easily wipe out the gain.
When is the next ex-dividend date for IFF?
The next ex-dividend date for International Flavors & Fragrances (IFF) is Jun 18, 2026, confirmed (declared by the company).
How does IFF compare to its sector for dividend capture?
Within Basic Materials, the median 30-day pre-ex touch rate is 95%. IFF sits at 85% — at or below the sector benchmark.
Why does IFF dividend capture measure recovery via intraday high, not close?
A realistic capture trade exits via a GTC limit-order at the pre-ex close: the moment the post-ex intraday high touches that level, the order fills and the trader pockets the dividend at break-even. Measuring recovery via close is stricter (mark-to-MOC); we expose that path in the per-ticker simulator as the "Hold N days, exit MOC" mode. The high-based primary metric directly answers the trader-facing question "would my limit have filled?" — close-based answers "would I have been flat at the bell?".
How are dividend capture trades taxed in the US?
Holding period matters. Dividends are "qualified" (taxed at the long-term capital gains rate, 0/15/20%) only when the underlying shares are held for more than 60 days during the 121-day window centered on the ex-dividend date. Dividend capture trades typically hold less than 61 days, so the dividend is taxed at your ordinary income bracket. Always consult a qualified tax advisor.
What are the main risks of a dividend capture strategy?
Three structural risks: (1) the share price may not recover the gap within your holding window; (2) ordinary-income tax can consume the after-tax yield; (3) transaction costs and bid/ask slippage can wipe out small dividends. Historical statistics measure base rates; they do not guarantee any single trade will work.