Shoe Carnival declares $0.10 quarterly dividend; 45th consecutive payment; on track for >$100M cash after back-to-school

SHOE CARNIVAL INC

Quarterly cash dividend of $0.10 per share, payable July 19, 2023 to shareholders of record July 5, 2023.
45th consecutive quarterly dividend; company operates with no debt on its balance sheet.
Management expects over $100 million cash available after back-to-school season, supporting growth investments.
CEO Mark Worden cites strong cash flows and capital strength for accelerating future growth and enhancing shareholder returns.

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