Dillard’s, Inc. (DDS) To Go Ex-Dividend on March 31st

Dillard’s, Inc. (NYSE:DDS) declared a quarterly dividend on Thursday, February 27th, RTT News reports. Stockholders 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 dividend yield of 0.28%. The ex-dividend date is Monday, March 31st.

Dillard’s has raised its dividend by an average of 12.6% per year over the last three years and has increased its dividend every year for the last 14 years. Dillard’s has a payout ratio of 4.5% indicating that its dividend is sufficiently covered by earnings. Equities 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 Stock Performance

DDS opened at $357.80 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.38 and a quick ratio of 1.02. The business has a fifty day simple moving average of $430.01 and a 200 day simple moving average of $416.35. Dillard’s has a 1 year low of $328.00 and a 1 year high of $510.00. The company has a market capitalization of $5.69 billion, a PE ratio of 9.21 and a beta of 0.89.

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

Insiders Place Their Bets

In other Dillard’s news, VP Tom W. Bolin sold 300 shares of the company’s stock in a transaction on 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 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 33.80% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on DDS. StockNews.com upgraded shares of Dillard’s from a “hold” rating to a “buy” rating in a research report on Wednesday, March 19th. UBS Group boosted their price target on Dillard’s from $200.00 to $202.00 and gave the company a “sell” rating in a research note on Friday, February 28th. Finally, Telsey Advisory Group restated a “market perform” rating and set a $450.00 price objective on shares of Dillard’s in a research note on Wednesday, February 26th.

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.