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The Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. It operates through two segments, Retail and Credit. The company's stores and e-commerce websites offer a range of apparel and accessories, including dressy, career, and casual sportswear; and dresses, coats, shoes, lingerie, costume jewelry, and handbags, as well as men's wear, and lines for kids and infants. It operates its stores and e-commerce websites under the Cato, Cato Fashions, Cato Plus, It's Fashion, It's Fashion Metro, and Versona names. As of January 29, 2022, the company operated 1,311 stores in 32 states. It also provides credit card services to its customers, as well as layaway plans for customers who agree to make periodic payments. The company was incorporated in 1946 and is headquartered in Charlotte, North Carolina.

Cato Dividend Announcement

Cato announced a quarterly dividend of $0.17 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-16
Cato annual dividend for 2024 was $0.51
Cato annual dividend for 2023 was $0.68
Cato's trailing twelve-month (TTM) dividend yield is 13.71%
Cato's payout ratio for the trailing twelve months (TTM) is -81.98%
Cato's dividend growth over the last five years (2018-2023) was -12.42% year
Cato's dividend growth over the last ten years (2013-2023) was 13.02% year

Cato Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-16$0.17quarterly2024-09-30
2024-06-10$0.17quarterly2024-06-24
2024-03-25$0.17quarterly2024-04-01
2023-12-15$0.17quarterly2024-01-02
2023-09-08$0.17quarterly2023-09-25
2023-06-09$0.17quarterly2023-06-26
2023-03-20$0.17quarterly2023-04-03
2022-12-22$0.17quarterly2023-01-03
2022-09-09$0.17quarterly2022-09-26
2022-06-10$0.17quarterly2022-06-27
2022-03-21$0.17quarterly2022-04-04
2021-12-17$0.17quarterly2022-01-03
2021-09-10$0.17quarterly2021-09-27
2021-06-04$0.11quarterly2021-06-21
2020-03-06$0.33quarterly2020-03-24
2019-12-13$0.33quarterly2020-01-02
2019-09-13$0.33quarterly2019-09-30
2019-06-07$0.33quarterly2019-06-24
2019-03-08$0.33quarterly2019-03-26
2018-12-07$0.33quarterly2019-01-02
2018-09-14$0.33quarterly2018-10-01
2018-06-08$0.33quarterly2018-06-25
2018-03-09$0.33quarterly2018-03-28
2017-12-08$0.33quarterly2018-01-02
2017-09-08$0.33quarterly2017-09-25
2017-06-01$0.33quarterly2017-06-19
2017-03-02$0.33quarterly2017-03-22
2016-12-08$0.33quarterly2017-01-02
2016-09-08$0.33quarterly2016-09-26
2016-06-02$0.33quarterly2016-06-20
2016-03-03$0.30quarterly2016-03-23
2015-12-10$0.30quarterly2016-01-04
2015-09-10$0.30quarterly2015-09-28
2015-06-04$0.30quarterly2015-06-22
2015-03-05$0.30quarterly2015-03-25
2014-12-11$0.30quarterly2015-01-05
2014-09-11$0.30quarterly2014-09-29
2014-06-05$0.30quarterly2014-06-23
2014-03-06$0.30quarterly2014-03-24
2013-12-12$0.05quarterly2014-01-02
2013-09-12$0.05quarterly2013-09-30
2013-06-06$0.05quarterly2013-06-24
2013-03-07$0.05quarterly2013-03-25

Cato Dividend per year

Cato Dividend growth

Cato Dividend Yield

Cato current trailing twelve-month (TTM) dividend yield is 13.71%. Interested in purchasing Cato stock? Use our calculator to estimate your expected dividend yield:

Cato Financial Ratios

P/E ratio-7.01
PEG ratio0.25
P/B ratio0.62
ROE-8.55%
Payout ratio-81.98%
Current ratio1.40
Quick ratio0.85
Cash Ratio0.20

Cato Dividend FAQ

How much is the next Cato dividend?
Cato's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Cato dividend. The next Cato dividend will be released in March, June, September, or December.
When is Cato dividend paid?
Cato pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Cato pay?
The specific amount of Cato dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Cato's dividend history.
Does Cato stock pay dividends?
Yes, Cato does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Cato's dividend history.
How much dividend does Cato pay?
Cato paid $0.51 in 2024, $0.68 in 2023, $0.68 in 2022, $0.45 in 2021, and $0.33 in 2020.
How often does Cato pay dividends?
Cato typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Cato's dividend yield?
The current dividend yield for Cato is 13.71%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Cato's exact dividend yield.
When does Cato go ex dividend?
Cato's ex-dividend date for the latest dividend was on 2024-09-16. Cato typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Cato dividend paid?
Cato pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Cato increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Cato will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Cato dividend per share?
Cato paid $0.51 per share in 2024 and $0.68 per share in 2023. The amount of dividend per share that Cato pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Cato a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Cato a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Cato a dividend stock?
Yes, Cato is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Cato a good dividend stock?
Whether Cato is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Cato has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Cato as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Cato pay dividends monthly?
Cato typically pays dividends on a quarterly basis.
Does Cato pay dividends quarterly?
Cato currently pays dividends on a quarterly basis.
Has Cato ever paid a dividend?
Yes, Cato has a history of paying dividends to its shareholders. Cato is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Cato dividend stocks?
To buy Cato you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Cato stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Cato pay dividends 2024?
Cato pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-30. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Cato increase its dividend in 2024?
Decisions regarding Cato dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Cato dividend overview you can look into the above table of dividend history.
How Cato dividend works?
The Cato dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Cato's dividend process works:

1. Determination of Dividend: Cato's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Cato publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Cato distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Cato are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Cato dividends paid?
Cato dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Cato sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Cato distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Cato declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Cato pay dividends?
Cato typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Cato pay dividends?
The general pattern is that Cato pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Cato dividend safe?
The safety of Cato's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Cato's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Cato's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.