Home breadcru News breadcru Company breadcru Cato announces regular quarterly dividend

Cato announces regular quarterly dividend

31 Aug '07
1 min read

The Cato Corporation announced that its Board of Directors declared a regular quarterly dividend of $0.165 per share.

The dividend will be payable on September 24, 2007 to shareholders of record of the Corporation at the close of business on September 10, 2007.

At the closing market price on August 30, 2007, the current dividend represents an annualized yield of 3.1%.

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.

The Cato Corporation

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!