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

Dillard’s, Inc. (NYSE:DDS) declared a quarterly dividend on Thursday, February 27th, RTT News reports. Investors 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 0.25%.

Dillard’s has raised its dividend payment by an average of 12.6% annually over the last three years and has increased its dividend annually for the last 14 consecutive years. Dillard’s has a payout ratio of 4.3% meaning 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 Trading Down 8.5 %

Dillard’s stock opened at $399.31 on Friday. 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 has a 12 month low of $328.00 and a 12 month high of $510.00. The company’s fifty day simple moving average is $464.08 and its 200-day simple moving average is $414.45. The stock has a market cap of $6.35 billion, a P/E ratio of 10.28 and a beta of 0.88.

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. UBS Group lifted their price objective on shares of Dillard’s from $196.00 to $200.00 and gave the company a “sell” rating in a research note on Wednesday, February 19th. StockNews.com downgraded Dillard’s from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $450.00 price objective on shares of Dillard’s in a report on Wednesday.

Insider Buying and Selling

In related news, VP Tom W. Bolin sold 300 shares of the business’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 completion of the transaction, the vice president now owns 1,167 shares of the company’s stock, valued at approximately $505,836.15. The trade was a 20.45 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 33.80% of the stock is owned by insiders.

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.