Cato Corp. (CATO) Declares $0.17 Quarterly Dividend; 11.8% Yield

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THE CATO CORPORATION ANNOUNCES REGULAR QUARTERLY DIVIDEND

May 24, 2024 7:00 AM EDT

CHARLOTTE, N.C., May 24, 2024 /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 June 24, 2024 to shareholders of record on June 10, 2024.

The $0.17 dividend, or $0.68 on an annualized basis, represents an annualized yield of 11.7% at the... More