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Stock impact report

Shoe Carnival Declares Increased Quarterly Cash Dividend

Shoe Carnival, Inc. (SCVL) 
Last shoe carnival, inc. earnings: 3/25 04:05 pm Check Earnings Report
Company Research Source: Business Wire
Board of Directors Increases Quarterly Cash Dividend by 12.5 percent EVANSVILLE, Ind.--(BUSINESS WIRE)--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 of $0.135 per share, representing a quarterly increase of 12.5 percent and an increased annualized dividend rate to $0.54 per share.The quarterly cash dividend will be paid on April 22, 2024, to shareholders of record as of the close of business on April 8, 2024.“This marks our 48th consecutive quarterly dividend and the 10th consecutive year we have increased the dividend. In the last twelve months, we have increased the quarterly dividend by 35 percent. Our growth strategy and profit transformation position us to continue generating strong cash flows and fund our operations without long-term debt. The Board’s decision to increase the quarterly dividend demonstrates our Show less Read more
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