Dillard's, Inc. (NYSE:DDS) Declares Quarterly Dividend of $0.25

Dillard's, Inc. (NYSE:DDS - Get Free Report) announced a quarterly dividend on Thursday, February 27th, RTT News reports. Shareholders of record on Monday, March 31st will be given a dividend of 0.25 per share on Monday, May 5th. This represents a $1.00 dividend on an annualized basis and a yield of 0.27%. The ex-dividend date of this dividend is Monday, March 31st.

Dillard's has increased its dividend by an average of 12.6% annually over the last three years and has increased its dividend every year for the last 14 years. Dillard's has a dividend payout ratio of 4.5% indicating that its dividend is sufficiently covered by earnings. 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 Down 5.6 %

Dillard's stock traded down $21.83 during midday trading on Monday, reaching $367.26. The company's stock had a trading volume of 229,192 shares, compared to its average volume of 124,450. Dillard's has a fifty-two week low of $328.00 and a fifty-two week high of $510.00. The company has a quick ratio of 1.02, a current ratio of 2.38 and a debt-to-equity ratio of 0.27. The company has a market cap of $5.84 billion, a P/E ratio of 9.45 and a beta of 0.88. The business has a 50-day simple moving average of $461.65 and a 200-day simple moving average of $414.86.

Dillard's (NYSE:DDS - Get Free Report) last issued its quarterly earnings data on Tuesday, February 25th. The company reported $13.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.84 by $3.64. The company had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.49 billion. Dillard's had a return on equity of 32.13% and a net margin of 9.55%. The business's quarterly revenue was down 5.0% compared to the same quarter last year. During the same quarter last year, the company posted $15.44 earnings per share. On average, research analysts expect that Dillard's will post 33.25 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, VP Tom W. Bolin sold 300 shares of the firm's stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $433.45, for a total transaction of $130,035.00. Following the transaction, the vice president now owns 1,167 shares of the company's stock, valued at $505,836.15. This trade represents a 20.45 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 33.80% of the company's stock.

Analyst Ratings Changes

DDS has been the topic of several research reports. Telsey Advisory Group reaffirmed a "market perform" rating and set a $450.00 price objective on shares of Dillard's in a report on Wednesday, February 26th. StockNews.com lowered Dillard's from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Finally, UBS Group raised their price target on Dillard's from $200.00 to $202.00 and gave the stock a "sell" rating in a report on Friday.

About Dillard's

Dillard's, Inc engages in the retail of fashion apparel, cosmetics, and home furnishings, and other consumer goods. It operates through the Retail Operations and Construction segments. The Retail Operations segment comprises sells cosmetics, ladies' apparel, ladies' accessories and lingerie, juniors' and children's apparel, men's apparel and accessories, shoes, and home and furniture products.