The Cato Corporation Announces Regular Quarterly Dividend

PR Newswire 19-May-2017 4:30 PM

CHARLOTTE, N.C., May 19, 2017 /PRNewswire/ --The Board of Directors of The Cato Corporation (NYSE: CATO) declared a regular quarterly dividend of $0.33 per share. The dividend will be payable on June 19, 2017 to shareholders of record on June 5, 2017.

The $0.33 dividend, or $1.32 on an annualized basis, represents an annualized yield of 6.1% at the closing market price on May 18, 2017.

The Cato Corporation is a leading specialty retailer of value-priced fashion apparel and accessories operating three concepts, "Cato", "Versona" and "It's Fashion". The Company's Cato stores offer exclusive merchandise with fashion and quality comparable to mall specialty stores at low prices every day. The Company also offers exclusive merchandise found in its Cato stores at Versona is a unique fashion destination offering apparel and accessories including jewelry, handbags and shoes at exceptional prices every day. Select Versona merchandise can also be found at It's Fashion offers fashion with a focus on the latest trendy styles for the entire family at low prices every day.

To view the original version on PR Newswire, visit:

SOURCE The Cato Corporation

Wait, Before You Leave...

Receive Anticipated Price Moves into Earnings

Enter your email address below to receive FREE daily information about expected earnings moves and upcoming earnings.
Market Chameleon