Tiffany & Co. (NYSE:TIF) had declared a cash dividend of $0.4500 on Aug 18, 2016. The shares will quote ex-dividend on Sep 16, 2016 and the record date has been fixed for Sep 20, 2016. On Aug 18, 2016 share price, the yield comes out to be 2.6758%. The dividend payable date has been fixed on Oct 11, 2016.
In a different note, On May 26, 2016, Goldman Sachs said it Maintains its rating on Tiffany & Co.. In the research note, the firm Lowers the price-target to $71.00 per share. The shares have been rated ‘Neutral’ by the firm.
Tiffany & Co. (TIF) shares turned negative on Mondays trading session with the shares closing down -0.58 points or -0.79% at a volume of 23,11,496. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $74.05. The peak price level was also seen at $74.05 while the days lowest was $72.94. Finally the shares closed at $72.98. The 52-week high of the shares is $85.25 while the 52-week low is $56.985. According to the latest information available, the market cap of the company is $9,115 M.
Tiffany & Co.(TIF) last announced its earnings results on May 25, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $891.30M. Analysts had an estimated revenue of $915.83M. Earnings per share were $0.64. Analysts had estimated an EPS of $0.68.
Several Insider Transactions has been reported to the SEC. On May 23, 2016, Leigh M. Harlan (SENIOR VICE PRESIDENT) sold 70 shares at $63.94 per share price.Also, On Apr 6, 2016, Michael Joseph Kowalski (director) sold 154,750 shares at $72.96 per share price.On Apr 6, 2016, Andrew W. Hart (SENIOR VICE PRESIDENT) sold 1,930 shares at $71.77 per share price, according to the Form-4 filing with the securities and exchange commission.
Tiffany & Co. is a holding company. The Company operates through its subsidiary companies. The Company’s principal product category is jewelry. The Company also sells timepieces leather goods sterling silver goods (other than jewelry) china crystal stationery fragrances and accessories. Its brands include TIFFANY and TIFFANY & CO. as well as the TIFFANY BLUE BOX. Its segments include Americas Asia-Pacific Japan Europe and Other. It operates e-commerce enabled Websites in 13 countries as well as informational Websites in various additional countries.