Dillard’s, Inc. Announces $0.06 Cash Dividend And Additional $250 Million Share Repurchase Program

Dillard’s, Inc. (NYSE: DDS) (the “Company” or “Dillard’s”) announced that the Board of Directors declared a cash dividend of $0.06 per share on the Class A and Class B Common Stock of the Company payable February 3, 2014 to shareholders of record as of December 31, 2013.

The Board of Directors has approved an additional share repurchase program authorizing the Company to repurchase up to $250 million of its Class A Common Stock. At November 2, 2013 the Company had $40.4 million outstanding under its existing $250 million program which was approved by the Board in March of 2013. The new open-ended authorization permits the Company to repurchase its Class A Common Stock in the open market or through privately negotiated transactions.

Copyright Business Wire 2010

More from Press Releases

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

21st Century Fox Scoops Up Local News Stations

21st Century Fox Scoops Up Local News Stations

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Three-Part FREE Webinar Series

Three-Part FREE Webinar Series

March 24 Full-Day Course Offering: Professional Approach to Trading SPX

March 24 Full-Day Course Offering: Professional Approach to Trading SPX