J.Jill, Inc. (NYSE:JILL) Declares Dividend Increase - $0.09 Per Share

J.Jill, Inc. (NYSE:JILL) has announced a quarterly dividend increase to $0.09 per share, a 12.5% rise from its previous $0.08, payable on April 28th to shareholders of record by April 14th. This increase suggests an annualized yield of about 3.2% and is well-covered by the company’s earnings, with a low payout ratio of 8.6%. Despite beating Q1 earnings expectations, the stock recently saw a significant drop of 24.5% to $11.30 on heavy trading volume.

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