Caleres Declares Regular Quarterly Dividend

Rhea-AI Summary

Caleres (NYSE: CAL) has declared a quarterly cash dividend of $0.07 per share, set for payment on January 6, 2021, to shareholders on record as of December 22, 2020. This marks the 391st consecutive quarterly dividend, showcasing the company's commitment to returning value to shareholders. Caleres is known for its diverse portfolio of footwear brands, including Famous Footwear and Sam Edelman, catering to a wide range of consumer needs and preferences.

Positive

• Quarterly cash dividend of $0.07 per share.
• 391st consecutive quarterly dividend demonstrates financial stability.

Negative

• None.

ST. LOUIS--(BUSINESS WIRE)--Caleres (NYSE: CAL) (calers.com) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.07 per share to be paid on January 6, 2021 to shareholders of record as of December 22, 2020.

This dividend will be the 391^st consecutive quarterly dividend paid by the company.

About Caleres

Caleres is the home of today’s most coveted footwear brands and represents a diverse portfolio spanning all of life’s styles and experiences. Every shoe tells a story and Caleres has the perfect fit for every one of them. Our collections have been developed and acquired to meet the evolving needs of today’s assorted and growing global audiences, with consumer insights driving every aspect of the innovation, design, and craft that go into our distinctly positioned brands, including Famous Footwear, Sam Edelman, Naturalizer, Allen Edmonds, Vionic, Dr. Scholl’s Shoes, and more. The Caleres story is most simply defined by the company’s mission: Inspire people to feel great…feet first.