CATO CORP
CATOCato Corporation is a regional retail chain specializing in fashion apparel and accessories for women and plus-sized women. Founded in 1947 and based in Charlotte, North Carolina, Cato operates through a network of stores primarily in the southern United States, offering affordable, trend-focused clothing and accessories.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| September 30, 2024 | $0.17 | 2024-09-16 | 2024-09-16 |
| June 24, 2024 | $0.17 | 2024-06-10 | 2024-06-10 |
| April 1, 2024 | $0.17 | 2024-03-25 | 2024-03-26 |
| January 2, 2024 | $0.17 | 2023-12-15 | 2023-12-18 |
| September 25, 2023 | $0.17 | 2023-09-08 | 2023-09-11 |
Dividends Summary
- Consistent Payer: CATO CORP has rewarded shareholders with 81 dividend payments over the past 20 years.
- Total Returned Value: Investors who held CATO shares during this period received a total of $19.09 per share in dividend income.
- Latest Payout: The most recent dividend of $0.17/share was paid 480 days ago, on September 30, 2024.
- Yield & Schedule: CATO currently pays dividends quarterly with an annual yield of 20.67%.
- Dividend Growth: Since 2004, the dividend payout has grown by 6.3%, from $0.16 to $0.17.
- Dividend Reliability: CATO has maintained or increased its dividend for 14 consecutive payments.
Company News
This article highlights three microcap companies - Bridger Aerospace, The Cato Corporation, and Rocky Mountain Chocolate Factory - that are impacted by recent events such as wildfires, shipping disruptions, and rising cocoa prices.
Discover why Zacks rates Cato as "Neutral," being the first on Wall Street to initiate coverage on the stock. Explore its impressive earnings growth, strategic initiatives, and financial stability while examining the challenges posed by declining same-store sales and market pressures.
NVIDIA, Tesla, Linde, Servotronics and The Cato are part of the Zacks top Analyst Blog.
Today's Research Daily features new research reports on 16 major stocks, including NVIDIA Corporation (NVDA), Tesla, Inc. (TSLA) and Linde plc (LIN), as well as two micro-cap stocks Servotronics, Inc. (SVT) and The Cato Corporation (CATO).
CATO's Q1 2024 earnings soar to 54 cents per share despite a 6% decline in same-store sales, driven by effective cost controls and a significant rise in interest and other income.
