Dillards Capital Trust I CAP SECS 7.5% (DDT) to Distribute Quarterly Dividend of $0.47 on November 2nd

Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) declared a quarterly dividend on Wednesday, September 2nd. Investors of record on Friday, October 16th will be given a dividend of $0.4688 per share on Monday, November 2nd. This represents a $1.88 dividend on an annualized basis and a yield of 7.3%. The ex-dividend date is Friday, October 16th.

Dillards Capital Trust I CAP SECS 7.5% Stock Down 0.4%

DDT opened at $25.74 on Wednesday. Dillards Capital Trust I CAP SECS 7.5% has a twelve month low of $25.11 and a twelve month high of $26.80. The company has a 50-day simple moving average of $26.20 and a 200 day simple moving average of $26.19.

About Dillards Capital Trust I CAP SECS 7.5%

Dillard’s Capital Trust I is a Delaware statutory trust established by Dillard’s, Inc to issue capital securities known as 7.5% Capital Securities. The securities trade on the New York Stock Exchange under the symbol DDT and represent an interest in the trust’s assets.

The trust’s primary asset consists of subordinated debentures issued by Dillard’s, Inc As a result, Dillard’s Capital Trust I does not operate retail stores or conduct independent commercial activities. Its purpose is generally limited to issuing the capital securities, holding the related debt securities, and making distributions to security holders when payments are received from Dillard’s, Inc

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