Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) makes a value play- buys Dillard’s, Inc. NYSE:DDS department stores.
Dillard’s owned 244 out of its 285 locations in full as well as owning the building on leased land for ten other properties with only 25 locations where it leases its stores. The company also owns all of its distribution centers as well as its corporate headquarters. Dillard’s continues to pay its $0.15 quarterly dividend, that yields 1.43%.
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