Current Report Filing (8-k)
May 28 2015 - 4:17PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934
Date of Report: May 28, 2015
TIFFANY & CO.
(Exact name of Registrant as specified in its charter)
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Delaware | | 1-9494 | | 13-3228013 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
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200 Fifth Avenue, New York, New York | | | | 10010 |
(Address of principal executive offices) | | | | (Zip Code) |
Registrant's telephone number, including area code: (212) 755-8000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
On May 28, 2015, Registrant issued a news release announcing that its Board of Directors has declared a 5% increase in the quarterly dividend rate on its Common Stock. This action increases the rate from $0.38 per share to a new rate of $0.40 per share, effective with the next payment on July 10, 2015. A copy of the May 28, 2015 news release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K.
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Item 9.01. | Financial Statements and Exhibits. |
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99.1 | News Release dated May 28, 2015. |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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| | TIFFANY & CO. |
| | (Registrant) |
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| | By: /s/ Leigh M. Harlan |
| | Leigh M. Harlan |
| | Senior Vice President, Secretary |
| | and General Counsel |
Date: May 28, 2015 | | |
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EXHIBIT INDEX
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99.1 | News Release dated May 28, 2015. |
EXHIBIT 99.1
TIFFANY & CO.
NEWS RELEASE
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Fifth Avenue & 57th Street | | | | Contact: |
New York, N.Y. 10022 | | | | Mark L. Aaron |
| | | | 212-230-5301 |
| | | | mark.aaron@tiffany.com |
TIFFANY RAISES QUARTERLY DIVIDEND BY 5%
New York, May 28, 2015 -- The Board of Directors of Tiffany & Co. (NYSE - TIF) has declared a regular quarterly dividend of $0.40 per share of Common Stock, representing a 5% increase in the quarterly rate. This action increases the quarterly dividend from $0.38 per share (or $1.52 annually) to the new rate of $0.40 per share (or $1.60 annually).
Michael J. Kowalski, chairman, announced the dividend increase at Tiffany’s Annual Meeting of Shareholders and said, “We are pleased that Tiffany has the resources to support the growth of its business, and to also provide for opportunities to return some excess cash to shareholders. This represents the 14th dividend increase in the past 13 years.”
The dividend will be paid on July 10, 2015 to stockholders of record on June 22, 2015. Future dividends are subject to declaration by the directors.
Tiffany is the internationally-renowned jeweler founded in New York in 1837. Through its subsidiaries, Tiffany & Co. manufactures products and operates TIFFANY & CO. retail stores worldwide, and also engages in direct selling through Internet, catalog and business gift operations. For additional information, please visit www.tiffany.com or call our shareholder information line at 800-TIF-0110.
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