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

Dillard’s, Inc. (NYSE:DDS) declared a dividend on Thursday, November 21st,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be paid a dividend of 25.00 per share on Monday, January 6th. The ex-dividend date of this dividend is Friday, December 13th.

Dillard’s has increased its dividend payment by an average of 14.5% annually over the last three years and has increased its dividend every year for the last 13 years. Dillard’s has a dividend payout ratio of 3.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect Dillard’s to earn $29.63 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 3.4%.

Dillard’s Price Performance

DDS stock traded up $11.91 on Friday, reaching $445.93. 195,421 shares of the company’s stock were exchanged, compared to its average volume of 118,525. The stock has a fifty day moving average of $383.18 and a 200-day moving average of $397.83. The firm has a market cap of $7.22 billion, a PE ratio of 11.13 and a beta of 0.86. 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 twelve month low of $328.00 and a twelve month high of $476.48.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on DDS. UBS Group upped their price target on shares of Dillard’s from $194.00 to $198.00 and gave the stock a “sell” rating in a research note on Friday, November 15th. StockNews.com upgraded shares of Dillard’s from a “hold” rating to a “buy” rating in a research report on Friday, November 15th. Finally, Telsey Advisory Group lifted their price target on shares of Dillard’s from $380.00 to $450.00 and gave the company a “market perform” rating in a research report on Friday, November 15th.

About Dillard’s

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.