dividend
confidence high
sentiment positive
materiality 0.60
Cato increases quarterly dividend 55% to $0.17 per share
CATO CORP
- Quarterly dividend raised to $0.17 from $0.11 (55% increase).
- Payable Sept 27, 2021 to holders of record Sept 13, 2021.
- Annualized dividend is $0.68, representing a 4.1% yield at Aug 26 close.
- Board declared the dividend; company operates Cato, Versona, It's Fashion.