Dillard’s, Inc. (NYSE:DDS) Plans $25.00 Quarterly Dividend

Dillard’s, Inc. (NYSE:DDSGet Free Report) announced a quarterly dividend on Thursday, November 21st,NASDAQ Dividends reports. Investors of record on Tuesday, December 31st will be paid a dividend of 25.00 per share on Monday, February 3rd. This represents a $100.00 dividend on an annualized basis and a yield of 21.96%. The ex-dividend date is Tuesday, December 31st.

Dillard’s has raised 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 payout ratio of 3.6% meaning its dividend is sufficiently covered by earnings. Equities research 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 Up 0.3 %

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

Analyst Ratings Changes

A number of research firms recently weighed in on DDS. UBS Group upped their price target on Dillard’s from $194.00 to $198.00 and gave the stock a “sell” rating in a report on Friday, November 15th. StockNews.com raised Dillard’s from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Finally, Telsey Advisory Group lifted their price target on shares of Dillard’s from $380.00 to $450.00 and gave the company a “market perform” rating in a research note on Friday, November 15th.

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About Dillard’s

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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.

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Dividend History for Dillard's (NYSE:DDS)

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