After a set of healthy financial results, Tiffany & Co.’s board of directors has raised its regular quarterly dividend to $0.38 per share, a 12 percent increase.
Michael J. Kowalski, chairman and chief executive officer, noted this is the company’s 13th dividend increase in the past 12 years.
The dividend will be paid on July 10, 2014, to stockholders of record as of June 20, 2014.
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