The Cato Corporation announced that its Board of Directors has declared a regular quarterly dividend of $0.13 per share.
The dividend will be payable on March 27th 2006 to shareholders of record of the Corporation at the close of business on March 13th 2006. At the closing market price on February 23rd 2006, the current dividend represents an annualized yield of 2.5 percent.
The Cato Corporation is a leading specialty retailer of value-priced women's fashion apparel operating two divisions, "Cato" and "It's Fashion!".
The company offers exclusive merchandise with fashion and quality comparable to mall specialty stores at low prices, every day. As of January 28th 2006, the company operated 1,244 stores in 31 states.
marketing@alchempro.com
