Tiffany Raises Quarterly Dividend by 25%

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.

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