Dillard’s, Inc. Announces Quarterly Dividend of $0.25 (NYSE:DDS)

Dillard’s, Inc. (NYSE:DDS) announced a quarterly dividend on Thursday, February 27th, RTT News reports. Shareholders of record on Monday, March 31st will be given a dividend of 0.25 per share on Monday, May 5th. This represents a $1.00 dividend on an annualized basis and a yield of 0.25%.

Dillard’s has raised its dividend by an average of 12.6% per year over the last three years and has raised its dividend every year for the last 14 years. Dillard’s has a payout ratio of 4.3% indicating that its dividend is sufficiently covered by earnings. Equities 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

Shares of NYSE DDS traded down $37.30 during midday trading on Thursday, reaching $399.31. 244,080 shares of the company were exchanged, compared to its average volume of 121,784. The company has a current ratio of 2.38, a quick ratio of 1.02 and a debt-to-equity ratio of 0.27. Dillard’s has a 1 year low of $328.00 and a 1 year high of $510.00. The stock has a fifty day simple moving average of $464.73 and a 200 day simple moving average of $414.55. The stock has a market cap of $6.35 billion, a P/E ratio of 10.28 and a beta of 0.88.

Dillard’s (NYSE:DDS) last posted its earnings results on Tuesday, February 25th. The company reported $13.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.84 by $3.64. The firm had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.49 billion. Dillard’s had a return on equity of 32.13% and a net margin of 9.55%. Dillard’s’s revenue was down 5.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $15.44 EPS. On average, research analysts forecast that Dillard’s will post 33.25 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. StockNews.com lowered shares of Dillard’s from a “buy” rating to a “hold” rating in a research note on Tuesday. UBS Group boosted their price target on shares of Dillard’s from $196.00 to $200.00 and gave the company a “sell” rating in a report on Wednesday, February 19th. Finally, Telsey Advisory Group restated a “market perform” rating and set a $450.00 price target on shares of Dillard’s in a report on Wednesday.

Insider Activity

In related news, VP Tom W. Bolin sold 300 shares of the firm’s stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $433.45, for a total transaction of $130,035.00. Following the sale, the vice president now directly owns 1,167 shares in the company, valued at $505,836.15. This trade represents a 20.45 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 33.80% of the stock is owned by insiders.

Dillard’s Company Profile

Dillard’s, Inc engages in the retail of fashion apparel, cosmetics, and home furnishings, and other consumer goods. It operates through the Retail Operations and Construction segments. The Retail Operations segment comprises sells cosmetics, ladies’ apparel, ladies’ accessories and lingerie, juniors’ and children’s apparel, men’s apparel and accessories, shoes, and home and furniture products.