The elegance products retailer Tiffany & Company said yesterday that it would split its stock two shares for an and heave its quarterly dividend 33 percent. The stock split and dividend of 8 pence a share on presplit shares ambition be dispensed July 20 apt shareholders of record on June 20, it said. The previous dividend rate had been 6 pence a share, and the corporation ambition maintain a rate of 4 pence a share on post-split shares working ahead, it said. Tiffany shares were down $2.5625, to $67.875, on the New York Stock Exchange.
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