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

Dillard’s, Inc. (NYSE:DDS) declared a quarterly dividend on Thursday, November 20th. Stockholders of record on Wednesday, December 31st will be given a dividend of 0.30 per share on Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Wednesday, December 31st.

Dillard’s has increased its dividend payment by an average of 1.2%per year over the last three years and has increased its dividend annually for the last 14 consecutive years. Dillard’s has a dividend payout ratio of 5.3% 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 $1.20 annual dividend with an expected future payout ratio of 3.9%.

Dillard’s Stock Up 1.0%

Shares of NYSE DDS traded up $6.18 during mid-day trading on Friday, hitting $602.74. The company had a trading volume of 29,717 shares, compared to its average volume of 135,966. The company has a current ratio of 2.68, a quick ratio of 1.41 and a debt-to-equity ratio of 0.22. The firm has a 50-day simple moving average of $606.16 and a two-hundred day simple moving average of $506.40. The company has a market capitalization of $9.43 billion, a PE ratio of 16.62 and a beta of 1.15. Dillard’s has a one year low of $282.24 and a one year high of $737.73.

Dillard’s (NYSE:DDS) last posted its quarterly earnings results on Thursday, November 13th. The company reported $8.31 earnings per share for the quarter, beating analysts’ consensus estimates of $6.43 by $1.88. Dillard’s had a return on equity of 30.55% and a net margin of 8.87%.The business had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter in the prior year, the business earned $7.73 EPS. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. On average, equities analysts expect that Dillard’s will post 33.25 EPS for the current year.

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.