Dillard’s, Inc. (DDS) To Go Ex-Dividend on December 31st

Dillard’s, Inc. (NYSE:DDS) announced a quarterly dividend on Friday, November 22nd,Wall Street Journal reports. Stockholders of record on Tuesday, December 31st will be given a dividend of 0.25 per share on Monday, February 3rd. This represents a $1.00 annualized dividend and a dividend yield of 0.22%. The ex-dividend date is Tuesday, December 31st.

Dillard’s has increased its dividend payment by an average of 14.5% per year over the last three years and has raised its dividend every year for the last 13 years. Dillard’s has a dividend payout ratio of 3.6% meaning its dividend is sufficiently covered by earnings. Analysts expect Dillard’s to earn $30.66 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 3.3%.

Dillard’s Stock Performance

DDS opened at $455.28 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.38. The stock has a market capitalization of $7.24 billion, a price-to-earnings ratio of 11.72 and a beta of 0.89. The company has a fifty day moving average of $421.76 and a 200 day moving average of $398.92. Dillard’s has a fifty-two week low of $328.00 and a fifty-two week high of $476.48.

Analyst Upgrades and Downgrades

DDS has been the topic of several research reports. Telsey Advisory Group lifted their target price on Dillard’s from $380.00 to $450.00 and gave the stock a “market perform” rating in a report on Friday, November 15th. UBS Group lifted their price objective on Dillard’s from $194.00 to $198.00 and gave the stock a “sell” rating in a research note on Friday, November 15th. Finally, StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a report on Friday, November 15th.

Dillard’s Company Profile

Dillard's, Inc operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. The company's stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods.