Dillard’s, Inc. Announces Quarterly Dividend of $0.30 (NYSE:DDS)

Dillard’s, Inc. (NYSE:DDS) declared a quarterly dividend on Thursday, August 20th. Stockholders of record on Wednesday, September 30th will be given a dividend of 0.30 per share on Monday, November 2nd. This represents a c) annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Wednesday, September 30th.

Dillard’s has increased its dividend payment by an average of 1.2%annually over the last three years and has raised its dividend every year for the last 14 years. Dillard’s has a payout ratio of 5.3% meaning its dividend is sufficiently covered by earnings. Analysts expect Dillard’s to earn $33.76 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 3.6%.

Dillard’s Stock Performance

Shares of DDS stock opened at $595.38 on Friday. Dillard’s has a 1-year low of $495.00 and a 1-year high of $741.97. The company has a current ratio of 3.03, a quick ratio of 1.58 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $9.30 billion, a price-to-earnings ratio of 13.64 and a beta of 1.15. The stock’s fifty day simple moving average is $571.50 and its 200-day simple moving average is $586.74.

Dillard’s (NYSE:DDS) last released its quarterly earnings data on Thursday, August 13th. The company reported $6.25 earnings per share for the quarter, beating the consensus estimate of $4.29 by $1.96. The firm had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.52 billion. Dillard’s had a net margin of 10.48% and a return on equity of 31.88%. On average, sell-side analysts predict that Dillard’s will post 35.98 earnings per share for the current fiscal year.

About Dillard’s

Dillard’s, Inc (NYSE:DDS), headquartered in Little Rock, Arkansas, is a U.S.-based department store chain founded by William T. Dillard in 1938. Over more than eight decades of operation, the company has grown from a single store in Nashville, Arkansas, to a prominent retailer with a national footprint. Dillard’s equity is publicly traded on the New York Stock Exchange under the ticker DDS.

The company operates approximately 280 departmental stores across 29 states, offering a broad assortment of merchandise that includes men’s and women’s apparel, accessories, cosmetics, footwear, and home furnishings.