Shoe Carnival (SCVL) Raises Quarterly Dividend 11.1% to $0.15; 2.7% Yield

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Shoe Carnival Declares Increased Quarterly Cash Dividend

March 17, 2025 4:15 PM EDT

Board of Directors Increases Quarterly Cash Dividend by 11.1 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 $0.15 per share, representing a quarterly increase of 11.1 percent and an increased annualized dividend rate to $0.60 per share.

The quarterly cash dividend will be paid on April 21, 2025, to shareholders of record as of the close of business on April 7, 2025.

This marks our 52nd... More