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

Dillard’s, Inc. (NYSE:DDS) announced a quarterly dividend on Thursday, May 28th. Investors of record on Tuesday, June 30th will be given a dividend of 0.30 per share on Monday, August 3rd. This represents a c) annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Tuesday, June 30th.

Dillard’s has increased its dividend by an average of 1.2%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 5.3% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Dillard’s to earn $33.15 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 $606.78 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.65 and a quick ratio of 1.31. The company’s fifty day moving average price is $574.94 and its two-hundred day moving average price is $617.24. The firm has a market capitalization of $9.48 billion, a P/E ratio of 14.43 and a beta of 1.17. Dillard’s has a 12 month low of $386.85 and a 12 month high of $741.97.

Dillard’s (NYSE:DDS) last announced its earnings results on Thursday, May 14th. The company reported $16.04 earnings per share for the quarter, beating the consensus estimate of $10.13 by $5.91. Dillard’s had a return on equity of 31.89% and a net margin of 10.09%.The company had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.55 billion. During the same period last year, the firm earned $10.39 earnings per share. The company’s revenue was up 2.7% on a year-over-year basis. On average, research analysts anticipate that Dillard’s will post 33.2 earnings per share for the current fiscal year.

Dillard’s Company Profile

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.