Tiffany & Co. (NYSE:TIF) announced a quarterly dividend on Thursday, February 16th. Investors of record on Monday, March 20th will be paid a dividend of 0.45 per share on Monday, April 10th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.17%.

Shares of Tiffany & Co. (NYSE:TIF) traded down 0.26% during midday trading on Thursday, hitting $83.01. 1,668,834 shares of the company were exchanged. The company’s 50 day moving average price is $79.34 and its 200 day moving average price is $75.01. The firm has a market cap of $10.33 billion, a P/E ratio of 23.25 and a beta of 1.89. Tiffany & Co. has a one year low of $56.99 and a one year high of $85.44.

Tiffany & Co. (NYSE:TIF) last released its quarterly earnings data on Tuesday, November 29th. The company reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.09. The business had revenue of $949.30 million for the quarter. Tiffany & Co. had a return on equity of 15.97% and a net margin of 11.33%. The business’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.70 earnings per share. Equities analysts expect that Tiffany & Co. will post $3.66 EPS for the current year.

Dividend History for Tiffany & Co. (NYSE:TIF)

In other news, insider Andrew W. Hart sold 1,367 shares of the company’s stock in a transaction on Monday, January 30th. The stock was sold at an average price of $77.98, for a total transaction of $106,598.66. Following the transaction, the insider now owns 4,654 shares of the company’s stock, valued at $362,918.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Gross Victoria Berger sold 11,000 shares of the company’s stock in a transaction on Thursday, December 8th. The shares were sold at an average price of $85.00, for a total value of $935,000.00. Following the transaction, the insider now directly owns 53,046 shares in the company, valued at approximately $4,508,910. The disclosure for this sale can be found here. Insiders have sold 33,871 shares of company stock worth $2,764,714 in the last ninety days. 1.40% of the stock is currently owned by insiders.

A number of analysts have recently issued reports on the company. Telsey Advisory Group boosted their price objective on Tiffany & Co. from $83.00 to $93.00 and gave the company an “outperform” rating in a research report on Wednesday, November 30th. Mizuho set a $82.00 price objective on Tiffany & Co. and gave the company a “buy” rating in a research report on Tuesday, November 29th. Zacks Investment Research upgraded Tiffany & Co. from a “sell” rating to a “hold” rating in a research report on Wednesday, November 30th. Wells Fargo & Company restated an “underperform” rating and set a $71.00 price objective (up from $65.00) on shares of Tiffany & Co. in a research report on Tuesday, November 29th. Finally, Nomura boosted their price objective on Tiffany & Co. from $76.00 to $84.00 and gave the company a “buy” rating in a research report on Wednesday, November 30th. Twelve equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $81.79.

“Tiffany & Co. (TIF) Plans Quarterly Dividend of $0.45” was posted by Watch List News and is the property of of Watch List News. If you are accessing this report on another website, it was illegally copied and republished in violation of U.S. and international copyright laws. The legal version of this report can be read at http://www.watchlistnews.com/tiffany-co-tif-plans-quarterly-dividend-of-0-45/1121017.html.

Tiffany & Co. Company Profile

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.

5 Day Chart for NYSE:TIF

Receive News & Ratings for Tiffany & Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tiffany & Co. and related companies with Analyst Ratings Network's FREE daily email newsletter.