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

Dillard’s, Inc. (NYSE:DDS) declared a dividend on Thursday, December 12th,investing.com reports. Investors of record on Monday, December 16th will be paid a dividend of 25.00 per share on Monday, January 6th. This represents a yield of 5.68%. The ex-dividend date of this dividend is Friday, December 13th.

Dillard’s has raised its dividend payment by an average of 14.5% annually over the last three years and has increased its dividend annually for the last 13 consecutive years. Dillard’s has a dividend payout ratio of 3.6% indicating that 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 Price Performance

Shares of NYSE DDS opened at $453.36 on Friday. Dillard’s has a fifty-two week low of $328.00 and a fifty-two week high of $476.48. The firm’s 50-day simple moving average is $406.54 and its 200 day simple moving average is $398.81. The stock has a market cap of $7.34 billion, a price-to-earnings ratio of 11.67 and a beta of 0.89. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.02 and a current ratio of 2.38.

Analyst Ratings Changes

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

Dillard’s Company Profile

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.