8-K

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 26, 2016

TIFFANY & CO.

(Exact name of Registrant as specified in its charter)

Delaware	1-9494	13-3228013
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
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:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

On May 26, 2016, Registrant issued a news release announcing that its Board of Directors has declared a 12.5% increase in the quarterly dividend rate on its Common Stock. This action increases the rate from $0.40 per share to a new rate of $0.45 per share, effective with the next payment on July 11, 2016. A copy of the May 26, 2016 news release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1 News Release dated May 26, 2016.

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.

	TIFFANY & CO.
	(Registrant)
	By: /s/ Leigh M. Harlan
	Leigh M. Harlan
	Senior Vice President, Secretary
	and General Counsel
Date: May 26, 2016

EXHIBIT INDEX

Exhibit No. Description

99.1 News Release dated May 26, 2016.

EX-99.1

Exhibit 99.1

TIFFANY & CO.

NEWS RELEASE

Fifth Avenue & 57th Street	Contact:
New York, N.Y. 10022	Mark L. Aaron
	(212) 230-5301
	Mark.aaron@tiffany.com

TIFFANY INCREASES QUARTERLY DIVIDEND BY 12.5%

New York, May 26, 2016 -- The Board of Directors of Tiffany & Co. (NYSE: TIF) has declared a regular quarterly dividend of $0.45 per share of Common Stock, representing a 12.5% increase in the quarterly rate. This declaration increases the quarterly dividend from $0.40 per share (or $1.60 annually) to the new rate of $0.45 per share (or $1.80 annually).

Michael J. Kowalski, chairman, announced the dividend increase at Tiffany’s Annual Meeting of Shareholders and said, “Despite recent pressures on earnings growth, our Board believes that Tiffany has the ability to generate substantial cash flow to reinvest in its business as well as to continue to return excess cash to shareholders. Tiffany has now increased the dividend rate 15 times in the past 14 years and, in so doing, has also increased the payout ratio over that period. Our long-term target is to maintain a mid-40’s payout ratio.”

The dividend will be paid on July 11, 2016 to shareholders of record on June 20, 2016. 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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