August 20, 2013

Dillard's, Inc. Raises Cash Dividend to $0.06 from $0.05

Little Rock, Arkansas, August 20, 2013 - Dillard's, Inc. (DDS-NYSE) (the "Company") announced today that the Board of Directors declared a cash dividend of $0.06 per share on the Class A and Class B Common Stock of the Company payable November 4, 2013 to shareholders of record as of September 30, 2013.

Julie J. Bull
Director of Investor Relations
(501) 376-5965

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