Tiffany Co Raises Quarterly Dividend by 12 percentageMd Noman Siddique (Author) Published Date : May 29, 2014 19:34 ET
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