Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT – Get Free Report) announced a quarterly dividend on Thursday, May 28th. Investors of record on Friday, July 17th will be paid a dividend of 0.4688 per share on Monday, August 3rd. This represents a c) annualized dividend and a yield of 7.2%. The ex-dividend date is Friday, July 17th.
Dillards Capital Trust I CAP SECS 7.5% Stock Down 0.1%
NYSE:DDT opened at $26.23 on Friday. Dillards Capital Trust I CAP SECS 7.5% has a 12 month low of $25.11 and a 12 month high of $26.64. The company has a 50 day simple moving average of $26.11 and a two-hundred day simple moving average of $26.13.
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% fixedârate 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.
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