THE CATO CORPORATION ANNOUNCES REGULAR QUARTERLY DIVIDEND
The Cato Corporation (NYSE: CATO) has declared a quarterly dividend of $0.17 per share, payable on June 27, 2022, to shareholders on record as of June 13, 2022. This dividend, annualized at $0.68, represents a yield of 5.4% based on the closing price on May 19, 2022. Cato is a prominent retailer offering fashionable apparel and accessories through its brands: Cato, Versona, and It's Fashion, providing exclusive merchandise at competitive prices.
- Quarterly dividend of $0.17 per share supports shareholder income.
- Annualized yield of 5.4% indicates strong return potential.
- None.
CHARLOTTE, N.C., May 20, 2022 /PRNewswire/ -- The Board of Directors of The Cato Corporation (NYSE: CATO) declared a regular quarterly dividend of
The
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. The Company also offers exclusive merchandise found in its Cato stores at www.catofashions.com. Versona is a unique fashion destination offering apparel and accessories including jewelry, handbags and shoes at exceptional prices every day. Select Versona merchandise can also be found at www.shopversona.com. It's Fashion offers fashion with a focus on the latest trendy styles for the entire family at low prices every day.
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SOURCE The Cato Corporation
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