CATO - Dividend announcements

CHARLOTTE, N.C., Nov. 22, 2024 /PRNewswire/ -- In light of the current economic conditions and current sales trends the Board of Directors of The Cato Corporation (NYSE:CATO) suspended the regular quarterly dividend. Statements in this press release that express a belief, expectation or intention, as well as those that are not a historical fact, including, without limitation, statements regarding the Company's expected or estimated operational financial results, activities or opportunities, and potential impacts and effects of interest rates, inflation or other factors that may affect our customers' discretionary spending or our costs are considered "forward-looking" within the meaning of T

CHARLOTTE, N.C., Aug. 30, 2024 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE:CATO) declared a regular quarterly dividend of $0.17 per share. The dividend will be payable on September 30, 2024 to shareholders of record on September 16, 2024. The $0.17 dividend, or $0.68 on an annualized basis, represents an annualized yield of 14.0% at the closing market price on August 29, 2024. 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

CHARLOTTE, N.C., May 24, 2024 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE:CATO) declared a regular quarterly dividend of $0.17 per share.  The dividend will be payable on June 24, 2024 to shareholders of record on June 10, 2024. The $0.17 dividend, or $0.68 on an annualized basis, represents an annualized yield of 11.7% at the closing market price on May 23, 2024. 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. 

CHARLOTTE, N.C., March 1, 2024 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE:CATO) declared a regular quarterly dividend of $0.17 per share.  The dividend will be payable on April 1, 2024 to shareholders of record on March 26, 2024. The $0.17 dividend, or $0.68 on an annualized basis, represents an annualized yield of 10.3% at the closing market price on February 29, 2024. 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

CHARLOTTE, N.C., Nov. 17, 2023 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE:CATO) declared a regular quarterly dividend of $0.17 per share. The dividend will be payable on January 2, 2024 to shareholders of record on December 18, 2023.  The $0.17 dividend, or $0.68 on an annualized basis, represents an annualized yield of 9.7% at the closing market price on November 16, 2023. 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 ev

CHARLOTTE, N.C., Aug. 25, 2023 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE:CATO) declared a regular quarterly dividend of $0.17 per share.  The dividend will be payable on September 25, 2023 to shareholders of record on September 11, 2023.  The $0.17 dividend, or $0.68 on an annualized basis, represents an annualized yield of 8.8% at the closing market price on August 24, 2023. 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

CHARLOTTE, N.C., May 19, 2023 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE:CATO) declared a regular quarterly dividend of $0.17 per share.  The dividend will be payable on June 26, 2023 to shareholders of record on June 12, 2023.  The $0.17 dividend, or $0.68 on an annualized basis, represents an annualized yield of 8.1% at the closing market price on May 18, 2023. 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.  T

CHARLOTTE, N.C., Feb. 24, 2023 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE:CATO) declared a regular quarterly dividend of $0.17 per share. The dividend will be payable on April 3, 2023 to shareholders of record on March 21, 2023.  The $0.17 dividend, or $0.68 on an annualized basis, represents an annualized yield of 7.4% at the closing market price on February 23, 2023. The Company also announced that its Board of Directors has authorized a 1,000,000 share increase in the Company's share repurchase program. Prior to this authorization, the Company had approximately 135,000 shares remaining in open authorizations. Purchases under the share repurchase program will be m

CHARLOTTE, N.C., Nov. 18, 2022 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE:CATO) declared a regular quarterly dividend of $0.17 per share.  The dividend will be payable on January 3, 2023 to shareholders of record on December 23, 2022.  The $0.17 dividend, or $0.68 on an annualized basis, represents an annualized yield of 6.7% at the closing market price on November 17, 2022. 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 e

CHARLOTTE, N.C., Aug. 26, 2022 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE:CATO) declared a regular quarterly dividend of $0.17 per share.  The dividend will be payable on September 26, 2022 to shareholders of record on September 12, 2022.  The $0.17 dividend, or $0.68 on an annualized basis, represents an annualized yield of 5.8% at the closing market price on August 25, 2022. 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

CHARLOTTE, N.C., May 20, 2022 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE:CATO) declared a regular quarterly dividend of $0.17 per share.  The dividend will be payable on June 27, 2022 to shareholders of record on June 13, 2022.  The $0.17 dividend, or $0.68 on an annualized basis, represents an annualized yield of 5.4% at the closing market price on May 19, 2022. 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.  T

CHARLOTTE, N.C., Feb. 24, 2022 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE:CATO) declared a regular quarterly dividend of $0.17 per share.  The dividend will be payable on April 4, 2022 to shareholders of record on March 22, 2022.  The $0.17 dividend, or $0.68 on an annualized basis, represents an annualized yield of 4.0% at the closing market price on February 24, 2022. The Company also announced that its Board of Directors has authorized a 1,000,000 share increase in the Company's share repurchase program.  Prior to this authorization, the Company had approximately 379,000 shares remaining in open authorizations.  Purchases under the share repurchase program will

CHARLOTTE, N.C., Nov. 18, 2021 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE:CATO) declared a regular quarterly dividend of $0.17 per share.  The dividend will be payable on January 3, 2022 to shareholders of record on December 20, 2021.  The $0.17 dividend, or $0.68 on an annualized basis, represents an annualized yield of 4.3% at the closing market price on November 18, 2021. 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

CHARLOTTE, N.C., Nov. 17, 2021 /PRNewswire/ -- The Cato Corporation (NYSE:CATO) today reported net income of $8.6 million or $0.39 per diluted share for the third quarter ended October 30, 2021, compared to a net loss of $3.6 million or ($0.15) per diluted share for the third quarter ended October 31, 2020.  Sales for fiscal 2020 were significantly impacted by the closure of our stores for six weeks due to the COVID-19 pandemic, beginning March 19, 2020. Due to the impact of the unprecedented closures, the Company will report sales compared to the past two years.  Sales for the third quarter ended October 30, 2021 were $170.5 million, or an increase of 14% from sales of $149.2 million for t

CHARLOTTE, N.C., Aug. 27, 2021 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE:CATO) declared a regular quarterly dividend of $0.17 per share.  The dividend will be payable on September 27, 2021 to shareholders of record on September 13, 2021.  The $0.17 dividend, or $0.68 on an annualized basis, is an increase of 55% above the current dividend of $0.44, and represents an annualized yield of 4.1% at the closing market price on August 26, 2021. 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 fashi

CHARLOTTE, N.C., May 20, 2021 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE:CATO) declared a regular quarterly dividend of $0.11 per share.  The dividend will be payable on June 21, 2021 to shareholders of record on June 7, 2021.  The $0.11 dividend, or $0.44 on an annualized basis, represents an annualized yield of 3.1% at the closing market price on May 19, 2021. 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.  T