Department store firm Dillard’s Inc. (NYSE: DDS) has increased its stock repurchase program by $250 million. The company said it still has $27.5 million left in its previous share buyback program.
Yesterday the company reported better than expected revenue and earnings for the fourth quarter and provided a forecast for the current quarter that is in-line with analysts’ estimates. The company pays a quarterly dividend of $0.05 for an annual dividend yield of 0.30%.
Shares closed at $60.80 last night, in the stock’s 52-week range of $37.897-$61.08. Shares have seen no action in the pre-market this morning.
Sponsored: Want to Retire Early? Here’s a Great First Step
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
