Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) Short Interest Update

Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 2,042 shares, a drop of 52.5% from the May 14th total of 4,298 shares. Based on an average daily trading volume, of 5,473 shares, the days-to-cover ratio is currently 0.4 days.

Dillards Capital Trust I CAP SECS 7.5% Stock Up 0.0%

Shares of NYSE DDT traded up $0.01 during mid-day trading on Friday, reaching $26.15. 934 shares of the company’s stock traded hands, compared to its average volume of 8,699. The business has a 50-day simple moving average of $26.15 and a 200 day simple moving average of $26.14. Dillards Capital Trust I CAP SECS 7.5% has a 1-year low of $25.11 and a 1-year high of $26.64.

Dillards Capital Trust I CAP SECS 7.5% Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 17th will be issued a dividend of $0.4688 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date is Friday, July 17th.

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.