Cato Corp. (CATO) Declares $0.17 Quarterly Dividend; 14% Yield

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Go back to Cato Corp. (CATO) Declares $0.17 Quarterly Dividend; 14% Yield

THE CATO CORPORATION ANNOUNCES REGULAR QUARTERLY DIVIDEND

August 30, 2024 7:00 AM EDT

CHARLOTTE, N.C., Aug. 30, 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 September 30, 2024 to shareholders of record on September 16, 2024.

The $0.17 dividend, or $0.68 on an annualized basis, represents an annualized yield of 14.0% at the closing market price on August 29,... More