Dillard’s, Inc. Announces $0.20 Cash Dividend

Rhea-AI Summary

Dillard’s, Inc. (DDS-NYSE) has declared a cash dividend of $0.20 per share on both Class A and Class B Common Stock. This dividend is scheduled for payment on May 1, 2023, to shareholders of record as of March 31, 2023. The announcement reflects the Company’s commitment to returning value to shareholders amidst a fluctuating retail environment.

Positive

• Declared a cash dividend of $0.20 per share for Class A and Class B Common Stock.
• Demonstrates commitment to shareholder value.

Negative

• None.

LITTLE ROCK, Ark.--(BUSINESS WIRE)-- Dillard’s, Inc. (DDS-NYSE) (the “Company” or “Dillard’s”) announced that the Board of Directors declared a cash dividend of $0.20 per share on the Class A and Class B Common Stock of the Company. The dividend is payable May 1, 2023 to shareholders of record as of March 31, 2023.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230223005970/en/

Julie J. Guymon, C.P.A.

501-376-5965

julie.guymon@dillards.com

Source: Dillard’s, Inc.

FAQ

What is the dividend amount declared by Dillard's?

Dillard's declared a cash dividend of $0.20 per share.

When is the dividend payable for Dillard's?

The dividend will be payable on May 1, 2023.

What is the record date for Dillard's dividend?

The record date for the dividend is March 31, 2023.

How often does Dillard's pay dividends?

Dillard's typically pays dividends quarterly, but the frequency may vary.

Is the dividend sustainable for Dillard's?

Sustainability of the dividend depends on the Company's financial performance and cash flow.