Dillard's Inc announced that the Board of Directors declared a cash dividend of 4 cents per share on the Class A and Class B Common Stock of the Company payable August 1, 2007 to shareholders of record as of June 29, 2007.
The department store operator opened his first store in a shopping mall in 1964 in Austin, TX, a decision which proved to have significant implications in the chain's future growth strategy.
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