Can Tiffany & Co (NYSE:TIF) truly back claims of $0.55 dividends by Jul 10, 2018?

June 18, 2018 - By Linda Rogers

Tiffany & Co. (NYSE:TIF) Logo

Tiffany & Co (NYSE:TIF) is expected to pay $0.55 on Jul 10, 2018. Shareholders owning the stock before Jun 19, 2018 will be eligible to receive the payout. Based on Tiffany & Co’s current price of $136.27, the dividend is 0.40 %. This dividend’s record date is Jun 20, 2018 and the announcement date is May 24, 2018. The stock increased 0.44% or $0.6 during the last trading session, reaching $136.27. About 1.89 million shares traded. Tiffany & Co. (NYSE:TIF) has risen 50.56% since June 18, 2017 and is uptrending. It has outperformed by 37.99% the S&P500.

Tiffany & Co., through its subsidiaries, designs, makes, and retails jewelry and other items worldwide. The company has market cap of $16.93 billion. The Company’s jewelry products include fine and solitaire jewelry; engagement rings and wedding bands; and non-gemstone, sterling silver, and gold jewelry. It has a 40.56 P/E ratio. The firm also sells timepieces, leather goods, sterling silverware, china, crystal, stationery, fragrances, and accessories.

Tiffany & Co. (NYSE:TIF) Ratings Coverage

Among 11 analysts covering Tiffany & Co (NYSE:TIF), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. Tiffany & Co had 20 analyst reports since January 11, 2018 according to SRatingsIntel. The rating was maintained by Oppenheimer with “Buy” on Friday, June 1. The stock of Tiffany & Co. (NYSE:TIF) has “Buy” rating given on Wednesday, January 17 by Cowen & Co. The rating was maintained by KeyBanc Capital Markets with “Overweight” on Thursday, May 24. The rating was maintained by Guggenheim with “Buy” on Wednesday, January 17. Cowen & Co maintained it with “Buy” rating and $14000 target in Wednesday, May 23 report. Wells Fargo maintained the stock with “Hold” rating in Thursday, January 11 report. The firm earned “Buy” rating on Thursday, April 5 by Loop Capital. Deutsche Bank maintained the shares of TIF in report on Thursday, May 24 with “Hold” rating. The stock of Tiffany & Co. (NYSE:TIF) earned “Equal-Weight” rating by Morgan Stanley on Thursday, May 24. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, March 19.

More important recent Tiffany & Co. (NYSE:TIF) news were published by: Seekingalpha.com which released: “Tiffany: Still A Long-Term Buy” on May 31, 2018, also Seekingalpha.com published article titled: “Tiffany: Go Buy Yourself Something Nice”, Seekingalpha.com published: “Tiffany earnings preview” on May 22, 2018. More interesting news about Tiffany & Co. (NYSE:TIF) was released by: Seekingalpha.com and their article: “Tiffany & Co: Overvalued Since 2018” with publication date: May 22, 2018.

Tiffany & Co. (NYSE:TIF) Ratings Chart

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