Loading...
Loading...
- Cato Corp CATO board of directors has approved a 55% increase in the quarterly dividend to $0.17 per share. The dividend will be payable on September 27, 2021, to shareholders of record on September 13, 2021.
- The $0.68 dividend on an annualized basis represents a 55% increase above the current dividend of $0.44 and represents an annualized yield of 4.1% at the closing market price on August 26, 2021.
- In May this year, Cato resumed paying a quarterly dividend of $0.11 per share. In April 2020, the company suspended its quarterly dividend due to COVID-19.
- Pre-COVID, Cato's dividend was $0.33 quarterly or $1.32 per share on an annualized basis.
- Cato held $216.9 million in cash and equivalents as of July 31, 2021.
- Price Action: CATO shares are trading higher by 7.74% at $17.95 on the last check Friday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ex-Date | ticker | name | Dividend | Yield | Announced | Record | Payable |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in