Shoe Carnival (SCVL) Raises Quarterly Dividend 22.7% to $0.135; 1.7% Yield

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Go back to Shoe Carnival (SCVL) Raises Quarterly Dividend 22.7% to $0.135; 1.7% Yield

Shoe Carnival Declares Increased Quarterly Cash Dividend

March 14, 2024 6:10 AM EDT

Board of Directors Increases Quarterly Cash Dividend by 12.5 percent

EVANSVILLE, Ind.--(BUSINESS WIRE)-- Shoe Carnival, Inc. (Nasdaq: SCVL) (the Company), a leading retailer of footwear and accessories for the family, announced today that its Board of Directors has approved the payment of a quarterly cash dividend of $0.135 per share, representing a quarterly increase of 12.5 percent and an increased annualized dividend rate to $0.54 per share.

The quarterly cash dividend will be paid on April 22, 2024, to shareholders of record as of the close of business on April 8, 2024.

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