Tiffany & Co. (TIF) Raises Quarterly Dividend 12.5% to $0.45; 2.8% Yield

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Tiffany Increases Quarterly Dividend by 12.5%

May 26, 2016 9:45 AM EDT

NEW YORK--(BUSINESS WIRE)-- The Board of Directors of Tiffany & Co. (NYSE: TIF) has declared a regular quarterly dividend of $0.45 per share of Common Stock, representing a 12.5% increase in the quarterly rate. This declaration increases the quarterly dividend from $0.40 per share (or $1.60 annually) to the new rate of $0.45 per share (or $1.80 annually).

Michael J. Kowalski,... More