Cato Corp. Declares Quarterly Dividend of $0.30 (CATO)
Cato Corp. (NASDAQ:CATO) announced a quarterly dividend on Friday, August 29th, AnalystRatingsNetwork.com reports. Shareholders of record on Monday, September 15th will be paid a dividend of 0.30 per share on Monday, September 29th. This represents a $1.20 annualized dividend and a dividend yield of 3.42%.
Cato Corp. (NASDAQ:CATO) opened at 35.13 on Friday. Cato Corp. has a 52 week low of $25.03 and a 52 week high of $35.65. The stock’s 50-day moving average is $32.40 and its 200-day moving average is $29.78. The company has a market cap of $981.8 million and a P/E ratio of 18.68.
Cato Corp. (NASDAQ:CATO) last released its earnings results on Thursday, August 21st. The company reported $0.53 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.52 by $0.01. The company had revenue of $243.80 million for the quarter, compared to the consensus estimate of $246.00 million. During the same quarter in the prior year, the company posted $0.51 earnings per share. The company’s quarterly revenue was up 6.3% on a year-over-year basis. On average, analysts predict that Cato Corp. will post $1.92 earnings per share for the current fiscal year.
The Cato Corporation (NASDAQ:CATO) is a women’s fashion specialty retailer.
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