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

Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 4,377 shares, a decrease of 52.0% from the April 15th total of 9,128 shares. Based on an average daily trading volume, of 7,650 shares, the short-interest ratio is presently 0.6 days.

Dillards Capital Trust I CAP SECS 7.5% Stock Down 0.1%

Shares of DDT stock traded down $0.02 on Friday, hitting $26.21. 3,774 shares of the stock were exchanged, compared to its average volume of 9,236. The business has a 50-day moving average of $26.07 and a 200 day moving average of $26.10. Dillards Capital Trust I CAP SECS 7.5% has a fifty-two week low of $25.11 and a fifty-two week high of $26.64.

Dillards Capital Trust I CAP SECS 7.5% Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Thursday, April 16th were given a dividend of $0.4688 per share. This represents a $1.88 annualized dividend and a dividend yield of 7.2%. The ex-dividend date of this dividend was Thursday, April 16th.

Dillards Capital Trust I CAP SECS 7.5% Company Profile

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.