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Dillard's Inc. offers 2 cash dividends

By ArkansasOnline

This article was published November 27, 2012 at 5:12 p.m.

Dillard's, Inc. will offer two cash dividends to stockholders, its board of directors announced Monday in a news release.

The board declared a quarterly cash dividend of $0.05 per share as well as a one-time cash dividend of $5 per share, both of which are payable Dec. 21 to shareholders on record as of Dec. 7.

Dillard's Chief Executive Officer William Dillard II said in the release that the one-time $5 dividend is a reflection of the company's confidence and "strong financial position."

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