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Shoe Carnival (SCVL) Declares $0.085 Quarterly Dividend; Approves $50M Buyback

Go back to Shoe Carnival (SCVL) Declares $0.085 Quarterly Dividend; Approves $50M Buyback

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

December 13, 2019 4:05 PM EST

Company to Pay Quarterly Cash Dividend of $0.085 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, 2020. In addition, its Board of Directors approved the payment of a quarterly cash dividend of $0.085 per share to be paid on January 27, 2020, to shareholders of record as of the close of business on January 13, 2020.

The new share repurchase program... More