Interparfums, Inc. Reports Record 2024 Third Quarter Results

GlobeNewswire11-07

NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS: IPAR) (“Interparfums” or the “Company”) today reported results for the third quarter and nine months ended September 30, 2024...

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(NASDAQ GS: IPAR) (“Interparfums” or the “Company”) today reported results for the third quarter and nine months ended September 30, 2024...</p>\n\n<a href=\"https://finance.yahoo.com/news/interparfums-inc-reports-record-2024-210500273.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Interparfums, Inc. Reports Record 2024 Third Quarter Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInterparfums, Inc. Reports Record 2024 Third Quarter Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-07 05:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/interparfums-inc-reports-record-2024-210500273.html><strong>GlobeNewswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS: IPAR) (“Interparfums” or the “Company”) today reported results for the third quarter and nine months ended September 30, 2024...</p>\n\n<a href=\"https://finance.yahoo.com/news/interparfums-inc-reports-record-2024-210500273.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IPAR","symbol_name":"依特香水","start_time":0,"source_url":"https://finance.yahoo.com/news/interparfums-inc-reports-record-2024-210500273.html","article_id":"2481547279","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Lnqan4Mk0OAvJ9aVLSq.UA--~B/aD02Njt3PTY4NjthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/da/globenewswire.com/d7ce78f3b9733c7a823f5d9a5dfd3835"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481547279","pubTimestamp":1730927100,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"“Third quarter sales in our three largest markets, North America, Western Europe, and Asia/Pacific grew by 12%, 25% and 15%, respectively. Our sales in China are modest, but we are planning to ramp up our promotional programs next year, with the expectation to begin our measured expansion efforts into that country in 2026.“Central and South America’s sales increased by 20% and Eastern Europe achieved comparable quarter sales growth of 23%, after a slow start earlier in the year due to supply constraints.“We are looking forward to a good final quarter and record results for the year. We have already received excellent feedback from both distributors and retailers on our 2025 new product pipeline, which is especially reassuring given that the fragrance ma","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IPAR":"依特香水","IE00B19Z6F94.USD":"Legg Mason Royce - US Smaller Companies A Acc USD","IE0034390439.USD":"FTGF ROYCE US SMALLER COMPANIES \"A\" (USD) D","BK4183":"个人用品"},"translate_title":"Interparfums,Inc.报告创纪录的2024年第三季度业绩","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IPAR":0.9},"content_text":"NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS: IPAR) (“Interparfums” or the “Company”) today reported results for the third quarter and nine months ended September 30, 2024.\n\n\n\nFinancial Highlights:($ in millions, except per share amounts)\nThree Months EndedSeptember 30,\nNine Months EndedSeptember 30,\n\n\n2024\n2023\n% Change\n2024\n2023\n% Change\n\n\nNet Sales\n$425\n$368\n15%\n$1,091\n$989\n10%\n\n\nGross Margin\n63.9%\n63.9%\nflat\n63.6%\n63.3%\n+30 bps\n\n\nOperating Income\n$106\n$87\n22%\n$239\n$233\n3%\n\n\nOperating Margin\n25.0%\n23.7%\n+130 bps\n21.9%\n23.5%\n(160 bps)\n\n\nNet Income attributable to IP\n$62\n$53\n17%\n$140\n$142\n(1%)\n\n\nDiluted EPS\n$1.93\n$1.66\n16%\n$4.34\n$4.42\n(2%)\n\n\nThe average dollar/euro exchange rate for the 2024 third quarter was 1.10 compared to 1.09 in the 2023 third quarter, while for the first nine months of 2024, the average dollar/euro exchange rate was 1.09, compared to 1.08 in the first nine months of 2023, leading to a positive 0.4% and 0.2% foreign exchange impact for the third quarter and first nine months of 2024, respectively.\n\n\n\nOperational Commentary Jean Madar, Chairman & Chief Executive Officer of Interparfums noted, “Sales in the current third quarter were the highest for any quarter in our history led by the ongoing strength of the global fragrance market, solid performance of our largest brands, and the addition of our newest brands.\n“Third quarter sales in our three largest markets, North America, Western Europe, and Asia/Pacific grew by 12%, 25% and 15%, respectively. Our sales in China are modest, but we are planning to ramp up our promotional programs next year, with the expectation to begin our measured expansion efforts into that country in 2026.\n“Central and South America’s sales increased by 20% and Eastern Europe achieved comparable quarter sales growth of 23%, after a slow start earlier in the year due to supply constraints.\n“During the summer months, we shipped initial orders for gift sets, resulting in successful sell-out and strong re-orders during the fall. Currently, our retail partners and distributors are replenished and well stocked in preparation for the holiday season. Historically, this program primarily catered to U.S.-based consumers; however, we are now experiencing higher demand across Europe and the Middle East. We anticipate healthy sell-out performance for the balance of the year.”\nDiscussing the newest brands, Mr. Madar continued, “The Roberto Cavalli and Lacoste fragrance lines, which entered our sales mix in the beginning of the year, have been welcome additions to our portfolio, contributing 10% to our topline performance in the third quarter, giving us confidence that combined sales of these two brands will exceed $100 million in 2024.\n“We are looking forward to a good final quarter and record results for the year. We have already received excellent feedback from both distributors and retailers on our 2025 new product pipeline, which is especially reassuring given that the fragrance market, while still robust, has somewhat moderated. For next year, we are expecting a softer landing with more sustainable growth rates than in prior years.\n“While we are always on the lookout for additional brand opportunities, our broad-based existing portfolio, along with our expertise in advertising and promotion, product development, market intelligence, and global distribution, should continue to fuel record results in the coming years.”\nFinancial CommentaryMichel Atwood, Chief Financial Officer of Interparfums, shared, “Consolidated gross margin was unchanged from last year’s third quarter. The gross margin changes between our two segments were primarily driven by brand and channel mix.\n“SG&A expenses grew 12% in the third quarter, slightly below our sales increase of 15%, leading to a 130 basis point reduction from the prior year as a percentage of sales. On a year-to-date basis, SG&A expenses were up 16%, or 190 basis points as a percentage of sales. During the third quarter, our Advertising and Promotion (“A&P”) expenditures grew 6% compared to the prior year period and represented 15.7% of net sales. On a year-to-date basis, A&P expenditures increased by 19%, representing 16.6% of net sales. After investing significantly in the first half, a portion of the A&P activities for European based operations planned for the third quarter was shifted into the fourth quarter to further strengthen our sell-out as we prepare for 2025. Similar to 2023, significant A&P spending is planned for the final quarter to ensure a successful holiday season.\n“Once again, the amortization cost of the Lacoste license is included in SG&A and amounts to $1.6 million quarterly, totaling $4.8 million for the first nine months of 2024.”\nMr. Atwood continued, “The net outcome of these effects is an operating income of $106 million, up 22% from the third quarter of 2023. Operating margins were 25.0% for the current three month period, compared to 23.7% for the corresponding period in 2023. Our net income in the third quarter takes into account a foreign exchange loss of $4 million as compared to the third quarter in the prior period.\n“Our financial position remains strong with $157 million in cash, cash equivalents and short-term investments, and working capital of $617 million. The third quarter saw a significant year-over-year improvement in net cash provided by operating activities where we delivered $76.1 million compared to $17.5 million in the prior year third quarter. Our efforts to convert more profit to free cash flow by reducing our inventories are beginning to bear fruit.”\nGuidanceMr. Atwood concluded, “With most of the year behind us and a clear picture of the balance of the year, we are once again affirming our 2024 guidance which calls for net sales of $1.45 billion and earnings per diluted share of $5.15.”\nInitial full-year 2025 guidance is scheduled to be announced on Tuesday, November 12, 2024, after the market close.\nDividendThe Company’s regular quarterly cash dividend of $0.75 per share will be paid on December 31, 2024, to shareholders of record on December 16, 2024.\nConference CallManagement will host a conference call to discuss financial results and business operations beginning at 11:00am ET on Thursday, November 7, 2024.\nInterested parties may participate in the live call by dialing:\nU.S. / Toll-free: (877) 423-9820International: (201) 493-6749\nParticipants are asked to dial-in approximately 10 minutes before the conference call is scheduled to begin.\nA live audio webcast will also be available in the “Events” tab within the Investor Relations section of the Company’s website at www.interparfumsinc.com, or by clicking here. The conference call will be available for webcast replay for approximately 90 days following the live event.\nAbout Interparfums, Inc.:\nOperating in the global fragrance business since 1982, Interparfums, Inc. produces and distributes a wide array of prestige fragrance and fragrance related products under license agreements with brand owners. The Company manages its business in two operating segments, European based operations, through its 72% owned subsidiary, Interparfums SA, and United States based operations, through wholly owned subsidiaries in the United States and Italy.\nThe portfolio of prestige brands includes Abercrombie & Fitch, Anna Sui, Boucheron, Coach, Donna Karan/DKNY, Emanuel Ungaro, Ferragamo, Graff, GUESS, Hollister, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lacoste, MCM, Moncler, Montblanc, Oscar de la Renta, Roberto Cavalli, and Van Cleef & Arpels, whose products are distributed in over 120 countries around the world through an extensive and diverse network of distributors. Interparfums, Inc. is also the registered owner of several trademarks including Lanvin and Rochas.\nForward-Looking Statements:Statements in this release which are not historical in nature are forward-looking statements. Although we believe that our plans, intentions, and expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such plans, intentions, or expectations will be achieved. In some cases, you can identify forward-looking statements by forward-looking words such as \"anticipate, \"believe\", \"could\", \"estimate\", \"expect\", \"intend\", \"may\", \"should\", \"will\", and \"would\" or similar words. You should not rely on forward-looking statements, because actual events or results may differ materially from those indicated by these forward-looking statements as a result of a number of important factors. These factors include, but are not limited to, the risks and uncertainties discussed under the headings “Forward Looking Statements” and \"Risk Factors\" in Interparfums' annual report on Form 10-K for the fiscal year ended December 31, 2023, and the reports Interparfums files from time to time with the Securities and Exchange Commission. Interparfums does not intend to and undertakes no duty to update the information contained in this press release.\n\n\n\nContact Information:\n \n \n\n\nInterparfums, Inc.\nor\nThe Equity Group Inc.\n\n\nMichel Atwood\n \nKarin Daly\n\n\nChief Financial Officer\n \nInvestor Relations Counsel\n\n\n(212) 983-2640\n \n(212) 836-9623 / kdaly@equityny.com\n\n\nwww.interparfumsinc.com\n \nwww.theequitygroup.com\n\n\n \n \n \n\n\n\nSee Accompanying Tables\n\n\n\nINTERPARFUMS, INC. AND SUBSIDIARIES\n\n\nCONSOLIDATED BALANCE SHEETS\n\n\n (In thousands except share and per share data)\n\n\n (Unaudited)\n\n\n \n\n\nASSETS\n \n \n \n \n \n \n \n \n\n\n \n \nSeptember 30,2024\n \n \nDecember 31,2023\n \n\n\nCurrent assets:\n \n \n \n \n \n \n \n \n\n\nCash and cash equivalents\n \n$\n78,419\n \n \n$\n88,462\n \n\n\nShort-term investments\n \n \n78,783\n \n \n \n94,304\n \n\n\nAccounts receivable, net\n \n \n354,175\n \n \n \n247,240\n \n\n\nInventories\n \n \n412,758\n \n \n \n371,859\n \n\n\nReceivables, other\n \n \n4,984\n \n \n \n7,012\n \n\n\nOther current assets\n \n \n26,788\n \n \n \n29,458\n \n\n\nIncome taxes receivable\n \n \n533\n \n \n \n691\n \n\n\nTotal current assets\n \n \n956,440\n \n \n \n839,026\n \n\n\nProperty, equipment and leasehold improvements, net\n \n \n166,435\n \n \n \n169,222\n \n\n\nRight-of-use assets, net\n \n \n25,471\n \n \n \n28,613\n \n\n\nTrademarks, licenses and other intangible assets, net\n \n \n290,864\n \n \n \n296,356\n \n\n\nDeferred tax assets\n \n \n19,742\n \n \n \n14,545\n \n\n\nOther assets\n \n \n21,648\n \n \n \n21,567\n \n\n\nTotal assets\n \n$\n1,480,600\n \n \n$\n1,369,329\n \n\n\n \n \n \n \n \n \n \n \n \n\n\nLIABILITIES AND EQUITY\n \n \n \n \n \n \n \n \n\n\nCurrent liabilities:\n \n \n \n \n \n \n \n \n\n\nLoans payable - banks\n \n$\n8,957\n \n \n$\n4,420\n \n\n\nCurrent portion of long-term debt\n \n \n44,538\n \n \n \n29,587\n \n\n\nCurrent portion of lease liabilities\n \n \n6,189\n \n \n \n5,951\n \n\n\nAccounts payable – trade\n \n \n96,578\n \n \n \n97,409\n \n\n\nAccrued expenses\n \n \n166,156\n \n \n \n178,880\n \n\n\nIncome taxes payable\n \n \n17,164\n \n \n \n8,498\n \n\n\nTotal current liabilities\n \n \n339,582\n \n \n \n324,745\n \n\n\nLong–term debt, less current portion\n \n \n134,585\n \n \n \n127,897\n \n\n\nLease liabilities, less current portion\n \n \n21,304\n \n \n \n24,517\n \n\n\n \n \n \n \n \n \n \n \n \n\n\nEquity:\n \n \n \n \n \n \n \n \n\n\nInterparfums, Inc. shareholders’ equity:\n \n \n \n \n \n \n \n \n\n\nPreferred stock, $.001 par; authorized 1,000,000 shares; none issued\n \n \n—\n \n \n \n—\n \n\n\nCommon stock, $.001 par; authorized 100,000,000 shares; outstanding 32,029,580 and 32,004,660 shares at September 30, 2024 and December 31, 2023, respectively\n \n \n32\n \n \n \n32\n \n\n\nAdditional paid-in capital\n \n \n101,123\n \n \n \n98,565\n \n\n\nRetained earnings\n \n \n762,826\n \n \n \n693,848\n \n\n\nAccumulated other comprehensive loss\n \n \n(32,641\n)\n \n \n(40,188\n)\n\n\nTreasury stock, at cost, 9,981,665 and 9,981,665 shares at September 30, 2024 and December 31, 2023, respectively\n \n \n(52,864\n)\n \n \n(52,864\n)\n\n\nTotal Interparfums, Inc. shareholders’ equity\n \n \n778,476\n \n \n \n699,393\n \n\n\nNoncontrolling interest\n \n \n206,653\n \n \n \n192,777\n \n\n\nTotal equity\n \n \n985,129\n \n \n \n892,170\n \n\n\nTotal liabilities and equity\n \n$\n1,480,600\n \n \n$\n1,369,329\n \n\n\n\n\n\n\nINTERPARFUMS, INC. AND SUBSIDIARIES\n\n\nCONSOLIDATED STATEMENTS OF INCOME\n\n\n(In thousands except per share data)\n\n\n(Unaudited)\n\n\n \n\n\n \n \nThree Months Ended\n \n \nNine Months Ended\n\n\n \n \nSeptember 30,\n \n \nSeptember 30,\n\n\n \n \n2024\n \n \n2023\n \n \n2024\n \n \n \n2023\n \n\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nNet sales\n \n$\n424,629\n \n \n$\n367,969\n \n \n$\n1,090,821\n \n \n \n$\n988,936\n \n\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nCost of sales\n \n \n153,469\n \n \n \n132,962\n \n \n \n396,519\n \n \n \n \n362,568\n \n\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nGross margin\n \n \n271,160\n \n \n \n235,007\n \n \n \n694,302\n \n \n \n \n626,368\n \n\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nSelling, general and administrative expenses\n \n \n165,166\n \n \n \n147,805\n \n \n \n455,506\n \n \n \n \n393,866\n \n\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nIncome from operations\n \n \n105,994\n \n \n \n87,202\n \n \n \n238,796\n \n \n \n \n232,502\n \n\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nOther expenses (income):\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nInterest expense\n \n \n1,978\n \n \n \n2,397\n \n \n \n5,726\n \n \n \n \n7,030\n \n\n\nLoss (gain) on foreign currency\n \n \n3,355\n \n \n \n(669\n)\n \n \n3,085\n \n \n \n \n(656\n)\n\n\nInterest and investment loss (income)\n \n \n254\n \n \n \n(1,062\n)\n \n \n(1,690\n)\n \n \n \n(8,421\n) \n\n\nOther loss (income)\n \n \n1\n \n \n \n(77\n)\n \n \n(35\n)\n \n \n \n(125\n) \n\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\n \n \n \n5,588\n \n \n \n589\n \n \n \n7,086\n \n \n \n \n(2,172\n) \n\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nIncome before income taxes\n \n \n100,406\n \n \n \n86,613\n \n \n \n231,710\n \n \n \n \n234,674\n \n\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nIncome taxes\n \n \n23,571\n \n \n \n20,493\n \n \n \n54,974\n \n \n \n \n55,128\n \n\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nNet income\n \n \n76,835\n \n \n \n66,120\n \n \n \n176,736\n \n \n \n \n179,546\n \n\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nLess: Net income attributable to the noncontrolling interest\n \n \n14,576\n \n \n \n12,906\n \n \n \n36,606\n \n \n \n \n37,312\n \n\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nNet income attributable to Interparfums, Inc.\n \n$\n62,259\n \n \n$\n53,214\n \n \n$\n140,130\n \n \n \n$\n142,234\n \n\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nEarnings per share:\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nNet income attributable to Interparfums, Inc. common shareholders:\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nBasic\n \n$\n1.94\n \n \n$\n1.66\n \n \n$\n4.37\n \n \n \n$\n4.44\n \n\n\nDiluted\n \n$\n1.93\n \n \n$\n1.66\n \n \n$\n4.34\n \n \n \n$\n4.42\n \n\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nWeighted average number of shares outstanding:\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nBasic\n \n \n32,026\n \n \n \n31,976\n \n \n \n32,030\n \n \n \n \n32,000\n \n\n\nDiluted\n \n \n32,266\n \n \n \n32,124\n \n \n \n32,266\n \n \n \n \n32,149\n \n\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nDividends declared per share\n \n$\n0.750\n \n \n$\n0.625\n \n \n$\n2.250\n \n \n \n$\n1.875","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481547279"}