Shoe Carnival (SCVL) Declares $0.08 Quarterly Dividend; 1% Yield

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Shoe Carnival Announces New $50 Million Share Repurchase Program and Declares Quarterly Cash Dividend

December 17, 2018 4:05 PM EST

Company to Pay Quarterly Cash Dividend of $0.08 Per Share

EVANSVILLE, Ind.--(BUSINESS WIRE)-- Shoe Carnival, Inc. (NASDAQ: SCVL), a leading retailer of moderately priced footwear and accessories, today announced that its Board of Directors authorized a new share repurchase program for up to $50 million of its outstanding common stock, effective January 1, 2019. In addition, its Board of Directors approved the payment of a quarterly cash dividend of $0.08 per share to be paid on January 28, 2019, to shareholders of record as of the close of business on January 14, 2019.

The new share repurchase program will... More