Tiffany & Co. (TIF) Raises Quarterly Dividend 10% to $0.55; 1.7% Yield

Tiffany & Co. (NYSE: TIF) declared a quarterly dividend of $0.55 per share, or $2.2 annualized. This is a 10% increase from the prior dividend of $0.50. The dividend will be payable on July 10, 2018, to stockholders of record on June 20, 2018, with an ex-dividend date of June 19, 2018. The annual yield on the dividend is 1.7 percent.

Alessandro Bogliolo, Chief Executive Officer, announced the dividend increase at Tiffany’s Annual Meeting of Shareholders, saying, “Our strong balance sheet gives us the ability to continue to invest in the growth of our business while also returning capital to shareholders. This represents the 17th dividend increase in the past 16 years.”

For a dividend history and other dividend-related data on Tiffany & Co. (TIF) click here.

You May Also Be Interested In

• Atmus Filtration Technologies (ATMU) Raises Quarterly Dividend 9.1% to $0.06; 0.5% Yield
• Farmers & Merchants Bancorp (FMCB) Raises Quarterly Dividend 4.7% to $5.60; 1.6% Yield
• Newmarket (NEU) Declares $3.00 Quarterly Dividend; 1.3% Yield