Shoe Carnival (SCVL) Raises Quarterly Dividend 7.7% to $0.07; 1.1% Yield

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Shoe Carnival Declares Quarterly Cash Dividend

June 17, 2016 4:05 PM EDT

Company to Pay Quarterly Cash Dividend of $0.07 Per Share, An Eight Percent Increase Over Prior Quarterly Cash Dividend

EVANSVILLE, Ind.--(BUSINESS WIRE)-- Shoe Carnival, Inc. (NASDAQ: SCVL), a leading retailer of moderately priced footwear and accessories, announced today that its Board of Directors has approved the payment of a quarterly cash dividend.

The quarterly cash dividend of $0.07 per share will be paid on July 18, 2016, to shareholders of record as of the close of business on July 5, 2016.

We are pleased with the... More