Tiffany Raises Quarterly Dividend by 5%
28 May 2015 - 11:30PM
Business Wire
The Board of Directors of Tiffany & Co. (NYSE – TIF) has
declared a regular quarterly dividend of $0.40 per share of Common
Stock, representing a 5% increase in the quarterly rate. This
action increases the quarterly dividend from $0.38 per share (or
$1.52 annually) to the new rate of $0.40 per share (or $1.60
annually).
Michael J. Kowalski, chairman, announced the dividend increase
at Tiffany’s Annual Meeting of Shareholders and said, “We are
pleased that Tiffany has the resources to support the growth of its
business, and to also provide for opportunities to return some
excess cash to shareholders. This represents the 14th dividend
increase in the past 13 years.”
The dividend will be paid on July 10, 2015 to shareholders of
record on June 22, 2015. Future dividends are subject to
declaration by the directors.
Tiffany is the internationally-renowned jeweler founded in New
York in 1837. Through its subsidiaries, Tiffany & Co.
manufactures products and operates TIFFANY & CO. retail stores
worldwide, and also engages in direct selling through Internet,
catalog and business gift operations. For additional information,
please visit www.tiffany.com or call our shareholder information
line at 800-TIF-0110.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150528005341/en/
Tiffany & Co.Mark L. Aaron, (212)
230-5301Mark.aaron@tiffany.com
Tiffany (NYSE:TIF)
Historical Stock Chart
From Apr 2024 to May 2024
Tiffany (NYSE:TIF)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about Tiffany and Co (New York Stock Exchange): 0 recent articles
More Tiffany & Co. News Articles