Caleres Declares Regular Quarterly Dividend

Rhea-AI Summary

Caleres (NYSE: CAL) has declared a quarterly cash dividend of $0.07 per share, to be paid on April 6, 2023, for shareholders of record as of March 23, 2023. This announcement marks a significant milestone, as the company has maintained a consecutive dividend payment for 100 years. With a diverse portfolio of footwear brands including Famous Footwear and Sam Edelman, Caleres continues to demonstrate its commitment to rewarding shareholders while upholding its legacy and mission in the global footwear market.

Positive

• Consistent quarterly cash dividend payment of $0.07 per share.
• Celebrating 100 years of consecutive dividend payments demonstrates financial stability.
• Diverse portfolio of global footwear brands enhances business resilience.

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 6, 2023, to shareholders of record as of March 23, 2023.

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

About Caleres

Caleres is a diverse portfolio of global footwear brands that include Famous Footwear, Sam Edelman, Vionic, Naturalizer, Allen Edmonds, Lifestride, and more. 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/20230309005744/en/

Investor Contact:

Logan Bonacorsi

lbonacorsi@caleres.com

Media Contact:

Kelly Malone

kmalone@caleres.com

Source: Caleres

FAQ

What is the dividend amount declared by Caleres?

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

When will Caleres pay the declared dividend?

The dividend will be paid on April 6, 2023.

What is the record date for Caleres' dividend?

The record date for the dividend is March 23, 2023.

How long has Caleres been paying dividends?

Caleres has been paying a consecutive quarterly dividend for 100 years.

What brands are included in Caleres' portfolio?

Caleres' portfolio includes brands like Famous Footwear, Sam Edelman, Vionic, Naturalizer, and Allen Edmonds.