Shoe Carnival (SCVL) Raises Quarterly Dividend 7.1% to $0.075; 1.5% Yield

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Shoe Carnival to Increase Quarterly Cash Dividend Seven Percent

June 19, 2017 4:05 PM EDT

Company Declares Quarterly Cash Dividend of $0.075 Per Share

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 a seven percent increase in its quarterly cash dividend.

The quarterly cash dividend of $0.075 per share will be paid on July 17, 2017, to shareholders of record as of the close of business on July 3, 2017.

We are pleased to announce the Boards decision to once again increase our quarterly cash dividend,... More