Dillard’s, Inc. (NYSE:DDS) Announces Quarterly Dividend of $0.25

Dillard’s, Inc. (NYSE:DDS) announced a quarterly dividend on Thursday, February 27th, RTT News reports. Shareholders of record on Monday, March 31st will be paid 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 0.26%. The ex-dividend date of this dividend is Monday, March 31st.

Dillard’s has increased its dividend payment by an average of 12.6% per year over the last three years and has increased its dividend annually for the last 14 consecutive years. Dillard’s has a payout ratio of 4.5% 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 $389.34 on Friday. Dillard’s has a twelve month low of $328.00 and a twelve month high of $510.00. The stock’s 50 day moving average price is $463.18 and its 200-day moving average price is $414.45. The company has a market capitalization of $6.19 billion, a PE ratio of 10.02 and a beta of 0.88. The company has a quick ratio of 1.02, a current ratio of 2.38 and a debt-to-equity ratio of 0.27.

Dillard’s (NYSE:DDS) last posted its quarterly earnings data on Tuesday, February 25th. The company reported $13.48 EPS for the quarter, beating the consensus estimate of $9.84 by $3.64. Dillard’s had a return on equity of 32.13% and a net margin of 9.55%. The business had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.49 billion. During the same quarter in the prior year, the business earned $15.44 earnings per share. Dillard’s’s revenue for the quarter was down 5.0% on a year-over-year basis. On average, equities analysts anticipate that Dillard’s will post 33.25 EPS for the current year.

Insider Activity at Dillard’s

In other Dillard’s news, VP Tom W. Bolin sold 300 shares of the company’s stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of $433.45, for a total transaction of $130,035.00. Following the completion of the sale, the vice president now directly owns 1,167 shares in the company, valued at $505,836.15. This represents a 20.45 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 33.80% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on DDS. StockNews.com cut shares of Dillard’s from a “buy” rating to a “hold” rating in a report on Tuesday. UBS Group upped their price target on shares of Dillard’s from $200.00 to $202.00 and gave the stock a “sell” rating in a report on Friday. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $450.00 target price on shares of Dillard’s in a research note on Wednesday.

Dillard’s Company Profile

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.