{"id":531918,"date":"2021-08-27T07:03:16","date_gmt":"2021-08-27T11:03:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-cato-corporation-announces-a-55-increase-in-quarterly-dividend\/"},"modified":"2021-08-27T07:03:16","modified_gmt":"2021-08-27T11:03:16","slug":"the-cato-corporation-announces-a-55-increase-in-quarterly-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-cato-corporation-announces-a-55-increase-in-quarterly-dividend\/","title":{"rendered":"The Cato Corporation Announces A 55% Increase In Quarterly Dividend"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n CHARLOTTE, N.C.<\/span>, Aug. 27, 2021<\/span> \/PRNewswire\/ —\u00a0The Board of Directors of The Cato Corporation (NYSE: CATO) declared a regular quarterly dividend of $0.17<\/span> per share.\u00a0 The dividend will be payable on September 27, 2021<\/span> to shareholders of record on September 13<\/span>, 2021.\u00a0 <\/p>\n

The $0.17<\/span> dividend, or $0.68<\/span> on an annualized basis, is an increase of 55% above the current dividend of $0.44<\/span>, and represents an annualized yield of 4.1% at the closing market price on August 26, 2021<\/span>.<\/p>\n

The Cato Corporation is a leading specialty retailer of value-priced fashion apparel and accessories operating three concepts, “Cato,” “Versona” and “It’s Fashion.”\u00a0 The Company’s Cato stores offer exclusive merchandise with fashion and quality comparable to mall specialty stores at low prices every day.\u00a0 The Company also offers exclusive merchandise found in its Cato stores at www.catofashions.com<\/a>.\u00a0 Versona is a unique fashion destination offering apparel and accessories including jewelry, handbags and shoes at exceptional prices every day.\u00a0 Select Versona merchandise can also be found at www.shopversona.com<\/a>.\u00a0 It’s Fashion offers fashion with a focus on the latest trendy styles for the entire family at low prices every day.<\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/the-cato-corporation-announces-a-55-increase-in-quarterly-dividend-301364027.html<\/a><\/p>\n

SOURCE The Cato Corporation<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire CHARLOTTE, N.C., Aug. 27, 2021 \/PRNewswire\/ —\u00a0The Board of Directors of The Cato Corporation (NYSE: CATO) declared a regular quarterly dividend of $0.17 per share.\u00a0 The dividend will be payable on September 27, 2021 to shareholders of record on September 13, 2021.\u00a0 The $0.17 dividend, or $0.68 on an annualized basis, is an increase of 55% above the current dividend of $0.44, and represents an annualized yield of 4.1% at the closing market price on August 26, 2021. The Cato Corporation is a leading specialty retailer of value-priced fashion apparel and accessories operating three concepts, “Cato,” “Versona” and “It’s Fashion.”\u00a0 The Company’s Cato stores offer exclusive merchandise with fashion and quality comparable to mall specialty stores at low … <\/p>\n

Continue reading “The Cato Corporation Announces A 55% Increase In Quarterly Dividend”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-531918","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nThe Cato Corporation Announces A 55% Increase In Quarterly Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-cato-corporation-announces-a-55-increase-in-quarterly-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Cato Corporation Announces A 55% Increase In Quarterly Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire CHARLOTTE, N.C., Aug. 27, 2021 \/PRNewswire\/ —\u00a0The Board of Directors of The Cato Corporation (NYSE: CATO) declared a regular quarterly dividend of $0.17 per share.\u00a0 The dividend will be payable on September 27, 2021 to shareholders of record on September 13, 2021.\u00a0 The $0.17 dividend, or $0.68 on an annualized basis, is an increase of 55% above the current dividend of $0.44, and represents an annualized yield of 4.1% at the closing market price on August 26, 2021. The Cato Corporation is a leading specialty retailer of value-priced fashion apparel and accessories operating three concepts, “Cato,” “Versona” and “It’s Fashion.”\u00a0 The Company’s Cato stores offer exclusive merchandise with fashion and quality comparable to mall specialty stores at low … Continue reading "The Cato Corporation Announces A 55% Increase In Quarterly Dividend"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-cato-corporation-announces-a-55-increase-in-quarterly-dividend\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-27T11:03:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL88210&sd=2021-08-27\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-cato-corporation-announces-a-55-increase-in-quarterly-dividend\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-cato-corporation-announces-a-55-increase-in-quarterly-dividend\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"The Cato Corporation Announces A 55% Increase In Quarterly Dividend\",\"datePublished\":\"2021-08-27T11:03:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-cato-corporation-announces-a-55-increase-in-quarterly-dividend\\\/\"},\"wordCount\":202,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-cato-corporation-announces-a-55-increase-in-quarterly-dividend\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=CL88210&sd=2021-08-27\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-cato-corporation-announces-a-55-increase-in-quarterly-dividend\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-cato-corporation-announces-a-55-increase-in-quarterly-dividend\\\/\",\"name\":\"The Cato Corporation Announces A 55% Increase In Quarterly Dividend - 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