As Fiscal Cliff Looms, Dillard's Awards $5 Per Share Dividend

by Mark Friedman  on Tuesday, Nov. 27, 2012 10:22 am  

The special dividend will amount to more than $35 million for members of the Dillard family, including CEO William Dillard II.

Dillard's Inc. of Little Rock says shareholders will receive a special, one-time cash dividend of $5 per share before the end of the year, giving investors time to sidestep higher taxes.

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