TIFFANY & CO. (NYSE:TIF) Files An 8-K Other Events
Item 8.01
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Other Events.
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its Board of Directors has declared an 11% increase in the
quarterly dividend rate on its Common Stock. This action
increases the rate from $0.45 per share to a new rate of $0.50
per share, effective with the next payment on July 10, 2017. A
copy of the May 25, 2017 news release is attached hereto as
Exhibit 99.1 to this Current Report on Form 8-K.
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Item 9.01.
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Financial Statements and Exhibits.
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(d)
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Exhibits
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99.1
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News Release dated May 25, 2017.
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About TIFFANY & CO. (NYSE:TIF)
Tiffany & Co. is a holding company that operates through its subsidiary companies. The Company’s principal subsidiary, Tiffany and Company (Tiffany), is a jeweler and specialty retailer. Through its subsidiaries, the Company designs and manufactures products and operates TIFFANY & CO. retail stores. The Company’s segments include Americas, Asia-Pacific, Japan, Europe and Other. The Americas segment includes sale in Company-operated TIFFANY & CO. stores in the United States, Canada and Latin America. The Asia-Pacific segment includes over 80 Company-operated TIFFANY & CO. stores in China, Korea, Hong Kong, Taiwan, Australia, Singapore, Macau, Malaysia and Thailand. The Japan segment includes approximately 60 Company-operated TIFFANY & CO. stores. The retail sales in Europe are transacted in over 40 Company-operated TIFFANY & CO. stores. The Other segment includes retail sales and wholesale distribution; wholesale sales of diamonds, and licensing agreements. TIFFANY & CO. (NYSE:TIF) Recent Trading Information
TIFFANY & CO. (NYSE:TIF) closed its last trading session up +0.79 at 85.82 with 9,113,361 shares trading hands.
