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

Dillard’s, Inc. (NYSE:DDS) declared a dividend on Thursday, December 12th,investing.com reports. Stockholders of record on Monday, December 16th will be paid a dividend of 25.00 per share on Monday, January 6th. This represents a dividend yield of 5.68%. The ex-dividend date of this dividend is Friday, December 13th.

Dillard’s has raised its dividend payment by an average of 14.5% per year 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. 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 Price Performance

Shares of NYSE:DDS opened at $423.83 on Friday. The company has a 50-day moving average price of $406.54 and a two-hundred day moving average price of $398.81. Dillard’s has a twelve month low of $328.00 and a twelve month high of $476.48. 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 firm has a market capitalization of $6.86 billion, a PE ratio of 10.91 and a beta of 0.89.

Analyst Ratings Changes

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

Dillard’s Company Profile

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.