Caleres Declares Regular Quarterly Dividend

Rhea-AI Summary

Caleres (NYSE: CAL), a leading portfolio of consumer-driven footwear brands, has declared a regular quarterly cash dividend of $0.07 per share. The dividend will be paid on June 20, 2024, to shareholders of record as of June 5, 2024. This announcement marks the continuation of a tradition, as the company has consistently paid a quarterly dividend for over 100 years.

Positive

• Declared a regular quarterly cash dividend of $0.07 per share, indicating the company's stable financial health.
• Dividend payment date set for June 20, 2024, providing future income certainty for shareholders.
• More than 100 years of consecutive quarterly dividend payments demonstrate the company's long-term financial stability and commitment to shareholders.

Negative

• The dividend amount of $0.07 per share might be perceived as low, potentially disappointing some investors looking for higher returns.

ST. LOUIS--(BUSINESS WIRE)-- Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.07 per share to be paid on June 20, 2024 to shareholders of record as of June 5, 2024.

The company has paid a consecutive quarterly dividend for more than 100 years.

About Caleres

Caleres is a market-leading portfolio of global footwear brands that includes Famous Footwear, Sam Edelman, Allen Edmonds, Naturalizer and Vionic. 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. 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/20240523994774/en/

Investor Contact:

Logan Bonacorsi

lbonacorsi@caleres.com

Media Contact:

Kelly Malone

kmalone@caleres.com

Source: Caleres

FAQ

When will Caleres (CAL) pay its next dividend?

Caleres will pay its next dividend on June 20, 2024.

What is the dividend amount declared by Caleres (CAL) for June 2024?

Caleres has declared a dividend amount of $0.07 per share for June 2024.

When is the record date for Caleres (CAL) dividend in June 2024?

The record date for Caleres' dividend is June 5, 2024.

How long has Caleres (CAL) been paying consecutive quarterly dividends?

Caleres has been paying consecutive quarterly dividends for over 100 years.