Shoe Carnival (SCVL) Declares $0.09 Quarterly Dividend; Announces $50M Stock Buyback Plan

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Go back to Shoe Carnival (SCVL) Declares $0.09 Quarterly Dividend; Announces $50M Stock Buyback Plan

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

December 15, 2022 4:10 PM EST

Company to Pay Quarterly Cash Dividend of $0.09 Per Share

EVANSVILLE, Ind.--(BUSINESS WIRE)-- Shoe Carnival, Inc. (NASDAQ: SCVL) (the Company), a leading retailer of footwear and accessories for the family, 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, 2023. In addition, its Board of Directors approved the payment of a quarterly cash dividend of $0.09 per share to be paid on January 23, 2023, to shareholders of record as of the close of business on January 9, 2023.

The new share... More