Cato Corp. (CATO) Declares $0.17 Quarterly Dividend; 9.7% Yield

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Go back to Cato Corp. (CATO) Declares $0.17 Quarterly Dividend; 9.7% Yield

THE CATO CORPORATION ANNOUNCES REGULAR QUARTERLY DIVIDEND

November 17, 2023 7:00 AM EST

CHARLOTTE, N.C., Nov. 17, 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 January 2, 2024 to shareholders of record on December 18, 2023. 

The $0.17 dividend, or $0.68 on an annualized basis, represents an annualized yield of 9.7% at the closing market price on November 16, 2023.

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