Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) Plans $0.47 Quarterly Dividend

Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) announced a quarterly dividend on Wednesday, March 11th. Investors of record on Thursday, April 16th will be given a dividend of 0.4688 per share on Friday, May 1st. This represents a c) annualized dividend and a yield of 7.2%. The ex-dividend date is Thursday, April 16th.

Dillards Capital Trust I CAP SECS 7.5% Stock Down 0.3%

DDT opened at $26.05 on Thursday. The company has a fifty day moving average of $26.21 and a two-hundred day moving average of $26.10. Dillards Capital Trust I CAP SECS 7.5% has a fifty-two week low of $24.39 and a fifty-two week high of $26.64.

About Dillards Capital Trust I CAP SECS 7.5%

Dillards Capital Trust I (NYSE: DDT) is a Delaware statutory trust formed by Dillard’s, Inc in 2003 to raise capital through the issuance of 7.50% fixed‐rate capital securities. The trust’s sole purpose is to acquire junior subordinated debentures issued by Dillard’s, Inc, using the net proceeds from its securities offering. Holders of DDT securities own undivided beneficial interests in the trust’s assets and receive quarterly distributions, subject to the trust’s payment conditions.

The trust’s underlying sponsor, Dillard’s, Inc, is a U.S.