Dillard's set for record open after announcing special dividend

Dillard's

19/11/2021 12:55

** Shares of department store chain Dillard's Inc  DDS.N  up
3% at $379.98 in light premarket vols
    ** Shares set for open at record-high
    ** After market hours on Thursday, co announced https://www.businesswire.com/news/home/20211118006381/en/Dillard%E2%80%99s-Inc.-Announces-Special-Dividend-of-15.00-Per-Share
 special dividend of $15/shr
    ** Special dividend payable on Dec. 15, co said
    ** Co also announced additional cash dividend of 20 cents
per share
    ** Last week, DDS reported Q3 EPS of $9.81, sailing past
Refinitiv IBES estimates of $5.52
    ** Analysts have a median PT of $175 on the stock -
Refinitiv data
    ** Stock up nearly 484% YTD, outpacing peers Macy's Inc
 M.N  and Kohls Corp  KSS.N , which have risen 232% and 54%
respectively, as of last close

 (Reporting by Niket Nishant in Bengaluru)
 ((Niket.Nishant@thomsonreuters.com;))