Tiffany & Co. (NYSE:TIF) Updates On Dividend Release Date


On 2016-08-18, Tiffany & Co. (NYSE:TIF) confirmed the dividend disbursement of $0.45 a share to shareholders as on record 2016-09-20. The firm will release dividend on 2016-10-11 while ex-dividend date is reported to be 2016-09-16.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Tiffany & Co. (NYSE:TIF) paid a total of $0.45 per share in dividends. This figure stood at $0.45 a share in the same period a year ago indicating a deviation of 6.7568%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $77.055 on the stock. This figure is the average of recommendations offered by 9 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $85 and $68, respectively.

Taking the mathematical rating formula, the price for Tiffany & Co. (NYSE:TIF) stands at 2.29. Earnings Review Tiffany & Co. (NYSE:TIF) will report its quarterly earnings for the period ending on 2016-10-31 by 2016-11-22. For the period ending on 2016-10-31, experts are expecting EPS of $0.67.

Coming to the quarter ending on 2016-01-31, Tiffany & Co. (NYSE:TIF) recorded EPS of $0.84. The reported numbers came lower than the analysts’ estimates of $0.71, demonstrating a miss of $0.13 as against reported figures.

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