Dillards Rings Up Cash Dividend

Dillards (DDS: 23.14 +0.83%) has declared a quarterly dividend of $.04 per share. The current dividend yield now stands at 3.7%.

 

The cash dividend will be payable on May 4, 2009 to shareholders of record as of March 31, 2009.

 

The department store retailer saw its shares lose 79% of their value last year. However, in 2009 value investors have been buying and have pushed the stock up 15% since the beginning of the year.

 

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