Dillard's Declares Special Dividend of $25 per Share

Dow Jones11-22 06:31

By Stephen Nakrosis

Dillard's on Thursday said its board declared a special dividend of $25 per share of Class A and Class B common stock.

The special dividend will be payable on Jan. 6, 2025, to shareholders of record as of Dec. 13.

The retailer said the $25 special dividend is the largest in its history. In January, the company paid a special dividend of $20 per share of Class A and Class B stock.

Dillard's also declared a quarterly cash dividend of 25 cents per share, which will be payable on Feb. 3, 2025, to shareholders of record on Dec. 31.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

November 21, 2024 17:31 ET (22:31 GMT)

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