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News Breaks | | | | November 26, 2012 | | 17:03 EDT |  | DDS | Dillard's declares special one-time cash dividend of $5.00 per share
Dillard's announced that the Board of Directors declared a regular, quarterly cash dividend of 5c per share as well as a special, one-time cash dividend of $5.00 per share. Both dividends are payable on the Class A and Class B Common Stock of the company on December 21 to shareholders of record as of December 7. CEO, William Dillard, II, stated, "This special, one-time dividend of $5.00 per share reflects our strong financial position and underscores our confidence in Dillard's. We are pleased to return value to our shareholders in this manner." | |
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