You might have seen that Dillard’s Inc. of Little Rock announced last month a whopping $30 special dividend per share — the biggest in its history.
The department store chain’s board approved the dividend, and it will be paid on Jan. 5 to shareholders of record as of Dec. 12. In the same announcement, Dillard’s said a 30-cent per share quarterly cash dividend will be awarded on Feb. 2 to shareholders of record.
So how much will that mean for the Dillard family members?
At least $108.6 million.
The members of the Dillard family who have publicly disclosed stock holdings are William Dillard II, Alex Dillard, Mike Dillard, Drue Dillard Matheny, William “Bill” Dillard III, Annemarie Dillard Jazic and Denise Alexandra Dillard Lucie.
“Today, we are excited to announce our largest dividend ever — underscoring our commitment to our shareholders, the majority of whom are our associates,” Dillard’s CEO William Dillard II and President Alex Dillard said in a joint statement on Nov. 20. “Thank you for your trust. We’re grateful for the support of our loyal customers and our hard-working, dedicated associates, who have made this possible.”
Sign up for Daily E-news
