The Board of Directors of Dillard’s, Inc. declared a special dividend of $20.00 per share on the retailer’s class A and B common stock, payable on January 8, 2024, to shareholders of record as of December 15, 2023.
In a joint statement, Dillard’s CEO, William Dillard, II and President Alex Dillard noted, “We would like to thank the Board for their decision to grant this $20.00 special dividend rewarding all shareholders for their confidence in Dillard’s. Our associates have, again, worked hard to put us in a great position to be able to do this. As many of them are shareholders themselves, today is a great day for Dillard’s.”
The company also announced that its Board of Directors declared a quarterly cash dividend of 25 cents per share on the Company’s Class A and B Common Stock, payable February 5, 2024, to shareholders of record as of December 29, 2023.