Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) Short Interest Update

Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) was the recipient of a large decline in short interest in July. As of July 15th, there was short interest totaling 5,272 shares, a decline of 31.7% from the June 30th total of 7,716 shares. Based on an average trading volume of 5,371 shares, the short-interest ratio is currently 1.0 days.

Dillards Capital Trust I CAP SECS 7.5% Stock Performance

NYSE DDT opened at $26.30 on Friday. Dillards Capital Trust I CAP SECS 7.5% has a fifty-two week low of $25.11 and a fifty-two week high of $26.80. The business has a 50 day moving average price of $26.21 and a two-hundred day moving average price of $26.16.

Dillards Capital Trust I CAP SECS 7.5% Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 17th will be paid a dividend of $0.4688 per share. The ex-dividend date is Friday, July 17th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 7.1%.

About Dillards Capital Trust I CAP SECS 7.5%

Dillards Capital Trust I (NYSE: DDT) is a Delaware statutory trust formed by Dillard’s, Inc in 2003 to raise capital through the issuance of 7.50% fixed?rate capital securities. The trust’s sole purpose is to acquire junior subordinated debentures issued by Dillard’s, Inc, using the net proceeds from its securities offering. Holders of DDT securities own undivided beneficial interests in the trust’s assets and receive quarterly distributions, subject to the trust’s payment conditions.

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