Common Stock Dividends

3 Months Ended

Apr. 30, 2017

Common Stock Dividends

Dividends Declared

On February 21, 2017, the Board of Directors approved the fiscal year ended January 31, 2018 ("fiscal 2018") annual dividend of $2.04 per share, an increase over the fiscal 2017 annual dividend of $2.00 per share. For fiscal 2018, the annual dividend will be paid in four quarterly installments of $0.51 per share, according to the following record and payable dates:



Record Date		Payable Date
March 10, 2017		April 3, 2017
May 12, 2017		June 5, 2017
August 11, 2017		September 5, 2017
December 8, 2017		January 2, 2018

The dividend installment payable on April 3, 2017 was paid as scheduled.