Tiffany Announces 25% Increase in Quarterly Dividend

Tiffany’s board of directors decided to hike up the quarterly dividend on its common stock, raising it 25 percent to $0.15 per share per quarter, or $0.60 per share on an annual basis.

The firm raised the dividend three months ago by 20 percent to $0.12 per share. The dividend will be paid on October 10.