Caleres Declares Regular Quarterly Dividend

Rhea-AI Summary

Caleres (NYSE: CAL) has declared its quarterly cash dividend of $0.07 per share, payable on April 8, 2022, to shareholders on record as of March 24, 2022. This marks the 396th consecutive quarterly dividend paid by the company, reflecting its commitment to returning value to shareholders. Caleres operates a diverse portfolio of global footwear brands, with products available in nearly 1,000 retail locations and online, including Famous Footwear, Sam Edelman, and Naturalizer.

Positive

• Declaration of $0.07 quarterly dividend, showing strong shareholder value.
• 396th consecutive quarterly dividend indicates financial stability.

Negative

• None.

ST. LOUIS--(BUSINESS WIRE)-- Caleres (NYSE: CAL) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.07 per share to be paid on April 8, 2022 to shareholders of record as of March 24, 2022.

This dividend will be the 396^th consecutive quarterly dividend paid by the company.

About Caleres

Caleres is a diverse portfolio of global footwear brands. Our products are available virtually everywhere - in the nearly 1,000 retail stores we operate, in hundreds of major department and specialty stores, on our branded e-commerce sites, and on many additional third-party retail websites. Famous Footwear offers great casual and athletic brands for the entire family with convenient, curated, affordable collections. Sam Edelman keeps expressive women in step with the latest trends in a playful, whimsical way. Naturalizer shoes are beautiful from the inside out, with elegant simplicity and legendary fit re-imagined for today’s consumer. Allen Edmonds combines old world craft with new world technology to create luxe footwear for the discerning man who wants sophisticated, modern classics. Rounding out our family of brands are Vionic, Vince, Franco Sarto, Dr. Scholl’s Shoes, LifeStride, Blowfish Malibu, Bzees, Circus by Sam Edelman and Ryka. Combined, these brands make Caleres a company with both a legacy and a mission. Our legacy is our more than 140 years of craftsmanship and our passion for fit, while our mission is to continue to inspire people to feel great… feet first. Visit caleres.com to learn more about us.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220310005908/en/

Logan Bonacorsi

lbonacorsi@caleres.com

Source: Caleres

FAQ

What is the latest dividend amount for Caleres (CAL)?

Caleres has declared a quarterly cash dividend of $0.07 per share.

When will the Caleres dividend be paid?

The dividend will be paid on April 8, 2022.

What is the record date for Caleres' dividend?

The record date for the dividend is March 24, 2022.

How many consecutive dividends has Caleres paid?

Caleres has paid 396 consecutive quarterly dividends.

How does the dividend impact Caleres investors?

The dividend reflects Caleres' commitment to returning value, indicating financial strength.