Tiffany & Co. (TIF) said Thursday it raised its quarterly dividend to 25 cents a share up from 20 cents a share. This is the second announced increase in the quarterly dividend payment policy of the upscale jeweler since the start of the calendar year. In a statement, Chief Executive Michael Kowalski said the dividend increases reflect the board’s “confidence in Tiffany’s long-term earnings growth potential.”
The dividend will be paid on July 12 to stockholders of record on June 21.
Risk Our Money Not Yours | Get 50% Off Any Account
Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!
Leave a Reply