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

Dillard’s, Inc. (NYSE:DDS) announced a quarterly dividend on Thursday, February 27th, RTT News reports. Investors of record on Monday, March 31st will be given a dividend of 0.25 per share on Monday, May 5th. This represents a $1.00 annualized dividend and a yield of 0.25%.

Dillard’s has increased 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 dividend payout ratio of 4.3% indicating that 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

DDS traded down $37.30 during trading on Thursday, reaching $399.31. 244,080 shares of the company traded hands, compared to its average volume of 121,784. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.38. Dillard’s has a 12-month low of $328.00 and a 12-month high of $510.00. The firm has a fifty day simple moving average of $464.73 and a 200 day simple moving average of $414.55. The company 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 announced its quarterly earnings data on Tuesday, February 25th. The company reported $13.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.84 by $3.64. Dillard’s had a net margin of 9.55% and a return on equity of 32.13%. The business had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same period last year, the firm posted $15.44 EPS. The company’s revenue was down 5.0% on a year-over-year basis. On average, equities analysts forecast that Dillard’s will post 33.25 EPS for the current year.

Insider Transactions at Dillard’s

In related news, VP Tom W. Bolin sold 300 shares of Dillard’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 sale, the vice president now owns 1,167 shares of the company’s stock, valued at $505,836.15. The trade was a 20.45 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 33.80% of the company’s stock.

Analyst Ratings Changes

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

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.