Dillard's, Inc. (DDS) To Go Ex-Dividend on December 28th
Dillard's, Inc. (NYSE:DDS) announced a quarterly dividend on Friday, November 17th, RTT News reports. Stockholders of record on Friday, December 29th will be paid a dividend of 0.10 per share on Monday, February 5th. This represents a $0.40 annualized dividend and a dividend yield of 0.63%. The ex-dividend date is Thursday, December 28th.
Dillard's has raised its dividend by an average of 20.5% annually over the last three years and has raised its dividend annually for the last 3 consecutive years. Dillard's has a payout ratio of 11.5% indicating that its dividend is sufficiently covered by earnings. Analysts expect Dillard's to earn $3.48 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 11.5%.
Dillard's (DDS) opened at $63.25 on Wednesday. Dillard's has a 1-year low of $45.51 and a 1-year high of $83.44. The company has a market cap of $1,769.14, a price-to-earnings ratio of 16.82, a P/E/G ratio of 6.94 and a beta of 1.25. The company has a current ratio of 1.42, a quick ratio of 0.14 and a debt-to-equity ratio of 0.36.
Dillard's (NYSE:DDS) last announced its quarterly earnings results on Thursday, November 9th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. The firm had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.35 billion. Dillard's had a net margin of 1.04% and a return on equity of 3.65%. The company’s revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter last year, the company posted $0.67 earnings per share. analysts forecast that Dillard's will post 3.48 EPS for the current fiscal year.
Several research firms have commented on DDS. Zacks Investment Research lowered shares of Dillard's from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 10th. ValuEngine upgraded shares of Dillard's from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Two analysts have rated the stock with a sell rating, three have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $52.60.
Dillard’s, Inc is a retailer of fashion apparel, cosmetics and home furnishing. As of January 28, 2017, the Company operated 293 Dillard’s stores, including 25 clearance centers, and an Internet store offering a selection of merchandise, including fashion apparel for women, men and children, accessories, cosmetics, home furnishings and other consumer goods.
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