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Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Dillard’s, Inc. Announces Special Dividend of $15.00 Per Share

November 18, 2021 GMT

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Nov 18, 2021--

Dillard’s, Inc. (NYSE:DDS) (the “Company” or “Dillard’s”) announced that the Board of Directors declared a special dividend of $15.00 per share on the Class A and Class B Common Stock of the Company. The dividend follows the Company’s recent record financial performance.

In a joint statement, Dillard’s Chief Executive Officer, William Dillard, II and President Alex Dillard noted, “We are extremely happy with the Board’s decision to grant this dividend, which is a special thanks to our shareholders - including our own associates and their families who own approximately 70% of our outstanding shares. They stuck with us through unprecedented times and have been instrumental in achieving our remarkable success this year. We are extremely proud of the exceptional work they continue to do and what we have accomplished together. It would not have been possible without the tremendous support of our dedicated team. Thank you.”

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The special dividend of $15.00 per share is payable December 15, 2021 to shareholders of record as of November 29, 2021.

Additionally, the Company announced that the Board of Directors declared a cash dividend of $0.20 per share on the Class A and Class B Common Stock of the Company. The dividend is payable January 31, 2022 to shareholders of record as of December 31, 2021.

View source version on businesswire.com:https://www.businesswire.com/news/home/20211118006381/en/

CONTACT: Julie Johnson Guymon, C.P.A.

501-376-5965

julie.bull@dillards.com

KEYWORD: ARKANSAS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: FASHION COSMETICS RETAIL LUXURY DEPARTMENT STORES HOME GOODS

SOURCE: Dillard’s, Inc.

Copyright Business Wire 2021.

PUB: 11/18/2021 05:30 PM/DISC: 11/18/2021 05:31 PM

http://www.businesswire.com/news/home/20211118006381/en