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Dillard’s, Inc. Announces Special Dividend of $20.00 Per Share and Quarterly Cash Dividend of $0.25 per Share
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Rhea-AI Sentiment
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dividends
Rhea-AI Summary
Dillard’s, Inc. (NYSE: DDS) announced a special dividend of $20.00 per share on the Class A and Class B Common Stock, payable on January 8, 2024, and a quarterly cash dividend of $0.25 per share, payable on February 5, 2024. The special dividend rewards shareholders for their confidence in Dillard’s, acknowledging the hard work of the company's associates.
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LITTLE ROCK, Ark.--(BUSINESS WIRE)--
Dillard’s, Inc. (NYSE: DDS) (the “Company” or “Dillard’s”) announced that the Board of Directors declared a special dividend of $20.00 per share on the Class A and Class B Common Stock of the Company. The special dividend is payable January 8, 2024 to shareholders of record as of December 15, 2023.
In a joint statement, Dillard’s Chief Executive Officer, William Dillard, II and President Alex Dillard noted, “We would like to thank the Board for their decision to grant this $20.00 special dividend rewarding all shareholders for their confidence in Dillard’s. Our associates have, again, worked hard to put us in a great position to be able to do this. As many of them are shareholders themselves, today is a great day for Dillard’s.”
The Company also announced that the Board of Directors declared a quarterly cash dividend of $0.25 per share on the Class A and Class B Common Stock of the Company. The dividend is payable February 5, 2024 to shareholders of record as of December 29, 2023.
What is the special dividend declared by Dillard’s?
Dillard’s declared a special dividend of $20.00 per share on the Class A and Class B Common Stock, payable on January 8, 2024.
When is the quarterly cash dividend payable for Dillard’s shareholders?
The quarterly cash dividend of $0.25 per share is payable on February 5, 2024, for shareholders of record as of December 29, 2023.
Who acknowledged the hard work of Dillard’s associates in relation to the special dividend?
Dillard’s Chief Executive Officer, William Dillard, II and President Alex Dillard acknowledged the hard work of the company's associates in relation to the special dividend.
