Cato Corp. (CATO) Raises Quarterly Dividend 10% to $0.33; 3.6% Yield

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Go back to Cato Corp. (CATO) Raises Quarterly Dividend 10% to $0.33; 3.6% Yield

The Cato Corporation Announces A 10% Increase In Quarterly Dividend

May 20, 2016 7:00 AM EDT

CHARLOTTE, N.C., May 20, 2016 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE: CATO) declared a regular quarterly dividend of $0.33 per share.  The dividend will be payable on June 20, 2016 to shareholders of record on June 6, 2016. 

The $0.33 dividend, or $1.32 on an annualized basis, is an increase... More