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Tiffany Co Raises Quarterly Dividend by 12 percentage

Tiffany Co Raises Quarterly Dividend by 12 percentage

Tiffany & Co (TIF) said it is raising its quarterly dividend by 12% to $0.38 each, and to an annual rate of $1.52 per share. The jewelry store operator will pay the dividend on July 10 to shareholders of record on June 20. TIF was higher 0.2% recently, near the higher end of the 52-week range between $70.70 and $97.40. It hit that high, a record top, on Wednesday after beating with Q1 results and lifting full-year guidance.

Tiffany Co Raises Quarterly Dividend by 12 percentage