Shoe Carnival Declares Quarterly Cash Dividend

Rhea-AI Summary

Shoe Carnival, Inc. (Nasdaq: SCVL) has announced a quarterly cash dividend of $0.14 per share, set to be paid on July 19, 2021. Shareholders who are on record as of the close of business on July 6, 2021 will be eligible to receive this dividend. The future dividend declarations are contingent on the company’s operational results, financial health, and other relevant conditions as assessed by the Board of Directors. Shoe Carnival operates 377 stores across 35 states and Puerto Rico, focusing on a wide variety of footwear for families.

Positive

• Quarterly cash dividend of $0.14 per share enhances shareholder income.
• Company operates 377 stores in 35 states, indicating expansive market presence.

Negative

• None.

Shoe Carnival, Inc. (Nasdaq: SCVL) (the “Company”), a leading retailer of footwear and accessories for the family, announced today that its Board of Directors has approved the payment of a quarterly cash dividend.

The quarterly cash dividend of $0.14 per share will be paid on July 19, 2021, to shareholders of record as of the close of business on July 6, 2021.

Future declarations of dividends are subject to approval of the Board of Directors and will depend on the Company’s results of operations, financial condition, business conditions and other factors deemed relevant by the Board of Directors.

About Shoe Carnival

Shoe Carnival, Inc. is one of the nation’s largest family footwear retailers, offering a broad assortment of dress, casual and athletic footwear for men, women and children with emphasis on national name brands. As of June 14, 2021, the Company operates 377 stores in 35 states and Puerto Rico, and offers online shopping at www.shoecarnival.com. Headquartered in Evansville, IN, Shoe Carnival trades on The Nasdaq Stock Market LLC under the symbol SCVL. Shoe Carnival's press releases and annual report are available on the Company's website at www.shoecarnival.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210614005778/en/

FAQ

When is the next dividend payment date for SCVL?

The next dividend payment date for SCVL is July 19, 2021.

What is the amount of the quarterly dividend for SCVL?

The quarterly dividend for SCVL is $0.14 per share.

Who is eligible to receive the dividend from SCVL?

Shareholders of record as of the close of business on July 6, 2021, are eligible to receive the dividend.

How often does SCVL declare dividends?

SCVL declares dividends quarterly, subject to approval by the Board of Directors.

What factors influence SCVL's future dividend payments?

Future dividend payments depend on the company's results of operations, financial condition, and other relevant factors.