Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) Plans $0.47 Quarterly Dividend

Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) announced a quarterly dividend on Thursday, May 28th. Investors of record on Friday, July 17th will be paid a dividend of 0.4688 per share on Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 7.2%. The ex-dividend date is Friday, July 17th.

Dillards Capital Trust I CAP SECS 7.5% Stock Performance

Shares of DDT stock opened at $26.23 on Friday. Dillards Capital Trust I CAP SECS 7.5% has a twelve month low of $25.11 and a twelve month high of $26.64. The business has a fifty day simple moving average of $26.11 and a 200 day simple moving average of $26.13.

About Dillards Capital Trust I CAP SECS 7.5%

Dillards Capital Trust I (NYSE: DDT) is a Delaware statutory trust formed by Dillard’s, Inc in 2003 to raise capital through the issuance of 7.50% fixed?rate capital securities. The trust’s sole purpose is to acquire junior subordinated debentures issued by Dillard’s, Inc, using the net proceeds from its securities offering. Holders of DDT securities own undivided beneficial interests in the trust’s assets and receive quarterly distributions, subject to the trust’s payment conditions.

The trust’s underlying sponsor, Dillard’s, Inc, is a U.S.