Cato Corp. (CATO) Declares $0.17 Quarterly Dividend; 8.8% Yield

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Go back to Cato Corp. (CATO) Declares $0.17 Quarterly Dividend; 8.8% Yield

THE CATO CORPORATION ANNOUNCES REGULAR QUARTERLY DIVIDEND

August 25, 2023 7:00 AM EDT

CHARLOTTE, N.C., Aug. 25, 2023 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE: CATO) declared a regular quarterly dividend of $0.17 per share.  The dividend will be payable on September 25, 2023 to shareholders of record on September 11, 2023. 

The $0.17 dividend, or $0.68 on an annualized basis, represents an annualized yield of 8.8% at the... More