Tiffany & Co. (NYSE:TIF) will begin trading ex-dividend on September 18, 2020. The quarterly dividend payment of $ 0.58 per share is scheduled to be paid on October 13, 2020. The dividend yield based on the latest trading day closing price was 2.03 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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Tiffany & Co. recently reported first quarter financial results on June 9, 2020, before market open, jewelry retailer communicated loss for the first quarter of $ 0.53 per share, from the revenue of $ 555.50 million. The quarterly earnings increased 17.28 percent compared with the same quarter last year. Wall street analysts are predicting, TIF to report 1Q20 income of $ 0.03 per share from revenue of $ 700.79 million. The bottom line results missed street analysts by $ 0 or , at the same time, top line results fell short of analysts by $ 145.29 million or 20.73 percent.
Stock Performance
Shares of Tiffany & Co. traded up $ 0.40 or 0.35 percent on Thursday, reaching $ 114.36 with volume of 3.63 million shares. Tiffany & Co. has traded high as $ 116.00 and has cracked $ 113.44 on the downward trend
According to the previous trading day, closing price of $ 114.36, representing a 31.91 % increase from the 52 week low of $ 86.39 and a 15.22 % decrease over the 52 week high of $ 134.42.
The company has a market capital of $ 13.88 billion and is part of the Consumer Cyclical sector and Luxury Goods industry.
Tiffany & Co., through its subsidiaries, designs, manufactures, and retails jewelry and other items in the Americas, the Asia-Pacific, Japan, Europe, and internationally. The company offers jewelry collections, engagement rings, and wedding bands. It also sells watches, home and accessories products, eyewear, and fragrances; and wholesales diamonds and earnings.
