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NEW YORK ( TheStreet) -- The ex-dividend date for International Flavors & Fragrances (NYSE: IFF) is Monday, March 19, 2012. Owners of shares as of market close today will be eligible for a dividend of 31 cents per share. At a price of $57.35 as of 9:34 a.m. ET, the dividend yield is 2.2%. The average volume for International Flavors & Fragrances has been 840,700 shares per day over the past 30 days. International Flavors & Fragrances has a market cap of $4.57 billion and is part of the basic materials sector and chemicals industry. Shares are up 9.2% year to date as of the close of trading on Thursday. International Flavors & Fragrances Inc., together with its subsidiaries, creates, manufactures, and supplies flavor and fragrance products worldwide. The company operates in two segments, Flavors and Fragrances. The company has a P/E ratio of 17.4, above the average chemicals industry P/E ratio of 15.5 and below the S&P 500 P/E ratio of 17.7.