Common Stock Dividends

3 Months Ended

Apr. 30, 2016

Dividends, Common Stock [Abstract]

Dividends payable

Common Stock Dividends

Dividends Declared

On February 18, 2016, the Board of Directors approved the fiscal 2017 annual dividend of $2.00 per share, an increase over the fiscal 2016 annual dividend of $1.96 per share. For fiscal 2017, the annual dividend will be paid in four quarterly installments of $0.50 per share, according to the following record and payable dates:

Record Date	Payable Date
March 11, 2016	April 4, 2016
May 13, 2016	June 6, 2016
August 12, 2016	September 6, 2016
December 9, 2016	January 3, 2017

The dividend installment payable on April 4, 2016 was paid as scheduled.