Dillard’s, Inc. (NYSE:DDS) Declares Quarterly Dividend of $25.00

Dillard’s, Inc. (NYSE:DDS) declared a quarterly dividend on Thursday, November 21st,investing.com reports. Investors of record on Tuesday, December 31st will be paid a dividend of 25.00 per share on Monday, February 3rd. This represents a $100.00 dividend on an annualized basis and a yield of 21.96%. The ex-dividend date is Tuesday, December 31st.

Dillard’s has raised its dividend by an average of 14.5% annually over the last three years and has raised its dividend annually for the last 13 consecutive years. Dillard’s has a dividend payout ratio of 3.6% 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 $1.00 annual dividend with an expected future payout ratio of 3.3%.

Dillard’s Stock Performance

NYSE:DDS opened at $455.28 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.38. The stock has a 50-day simple moving average of $421.76 and a two-hundred day simple moving average of $398.92. The firm has a market capitalization of $7.24 billion, a PE ratio of 11.72 and a beta of 0.89. Dillard’s has a 52-week low of $328.00 and a 52-week high of $476.48.

Analyst Ratings Changes

DDS has been the topic of a number of recent analyst reports. UBS Group raised their target price on shares of Dillard’s from $194.00 to $198.00 and gave the stock a “sell” rating in a research note on Friday, November 15th. Telsey Advisory Group raised their price objective on shares of Dillard’s from $380.00 to $450.00 and gave the company a “market perform” rating in a research report on Friday, November 15th. Finally, StockNews.com raised shares of Dillard’s from a “hold” rating to a “buy” rating in a report on Friday, November 15th.

About Dillard’s

Dillard's, Inc operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. The company's stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods.