Dillard’s, Inc. (NYSE:DDS) Plans $25.00 Dividend

Dillard’s, Inc. (NYSE:DDS) declared a dividend on Thursday, November 21st,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be paid a dividend of 25.00 per share on Monday, January 6th. The ex-dividend date of this dividend is Friday, December 13th.

Dillard’s has increased its dividend by an average of 14.5% annually over the last three years and has increased its dividend annually for the last 13 consecutive years. Dillard’s has a payout ratio of 3.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect Dillard’s to earn $29.63 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 3.4%.

Dillard’s Stock Up 2.7 %

Shares of Dillard’s stock traded up $11.91 during trading on Friday, reaching $445.93. The company had a trading volume of 195,421 shares, compared to its average volume of 118,525. The company has a market cap of $7.22 billion, a price-to-earnings ratio of 11.13 and a beta of 0.86. The firm’s fifty day moving average is $383.18 and its 200-day moving average is $397.83. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.38. Dillard’s has a fifty-two week low of $328.00 and a fifty-two week high of $476.48.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. StockNews.com upgraded shares of Dillard’s from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. UBS Group upped their target price on shares of Dillard’s from $194.00 to $198.00 and gave the company a “sell” rating in a research note on Friday, November 15th. Finally, Telsey Advisory Group upped their target price on shares of Dillard’s from $380.00 to $450.00 and gave the company a “market perform” rating in a research note 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.