Cato Corp. (CATO) Resumes Dividend; Lowers Quarterly Dividend 66.7% to $0.11, 2.9% Yield

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The Cato Corporation Announces Resumption Of Quarterly Dividend

May 20, 2021 12:18 PM EDT

CHARLOTTE, N.C., May 20, 2021 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE: CATO) declared a regular quarterly dividend of $0.11 per share.  The dividend will be payable on June 21, 2021 to shareholders of record on June 7, 2021. 

The $0.11 dividend, or... More