Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) Declares Quarterly Dividend of $0.47

Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) announced a quarterly dividend on Wednesday, March 11th. Stockholders of record on Thursday, April 16th will be given a dividend of 0.4688 per share on Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 7.2%. The ex-dividend date of this dividend is Thursday, April 16th.

Dillards Capital Trust I CAP SECS 7.5% Trading Down 0.3%

NYSE:DDT opened at $26.05 on Thursday. Dillards Capital Trust I CAP SECS 7.5% has a 1-year low of $24.39 and a 1-year high of $26.64. The company’s fifty day moving average price is $26.21 and its 200-day moving average price is $26.10.

About Dillards Capital Trust I CAP SECS 7.5%

Dillards Capital Trust I (NYSE: DDT) is a Delaware statutory trust formed by Dillard’s, Inc in 2003 to raise capital through the issuance of 7.50% fixed‐rate capital securities. The trust’s sole purpose is to acquire junior subordinated debentures issued by Dillard’s, Inc, using the net proceeds from its securities offering. Holders of DDT securities own undivided beneficial interests in the trust’s assets and receive quarterly distributions, subject to the trust’s payment conditions.

The trust’s underlying sponsor, Dillard’s, Inc, is a U.S.