STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
$0.68
Forward Annual Dividend Rate
$0.68
Yield
Trailing Annual Dividend Yield
15.38%
Forward Annual Dividend Yield
N/A
Dividend Date
Dividend Date
Sep 30, 2024
Ex-dividend Date
Sep 16, 2024
7.73 %
N/A
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Aug 29, 2024 | 0.17 | Sep 16, 2024 | Sep 16, 2024 | Sep 30, 2024 |
| May 24, 2024 | 0.17 | Jun 10, 2024 | Jun 10, 2024 | Jun 24, 2024 |
| Mar 01, 2024 | 0.17 | Mar 25, 2024 | Mar 26, 2024 | Apr 01, 2024 |
| Nov 17, 2023 | 0.17 | Dec 15, 2023 | Dec 18, 2023 | Jan 02, 2024 |
| Aug 25, 2023 | 0.17 | Sep 08, 2023 | Sep 11, 2023 | Sep 25, 2023 |
| May 19, 2023 | 0.17 | Jun 09, 2023 | Jun 12, 2023 | Jun 26, 2023 |
| Feb 24, 2023 | 0.17 | Mar 20, 2023 | Mar 21, 2023 | Apr 03, 2023 |
| Nov 18, 2022 | 0.17 | Dec 22, 2022 | Dec 23, 2022 | Jan 03, 2023 |
| Aug 26, 2022 | 0.17 | Sep 09, 2022 | Sep 12, 2022 | Sep 26, 2022 |
| Aug 25, 2022 | 0.17 | Sep 09, 2022 | Sep 12, 2022 | Sep 26, 2022 |
| May 20, 2022 | 0.17 | Jun 10, 2022 | Jun 13, 2022 | Jun 27, 2022 |
| Feb 24, 2022 | 0.17 | Mar 21, 2022 | Mar 22, 2022 | Apr 04, 2022 |
| Nov 18, 2021 | 0.17 | Dec 17, 2021 | Dec 20, 2021 | Jan 03, 2022 |
| Aug 27, 2021 | 0.17 | Sep 10, 2021 | Sep 13, 2021 | Sep 27, 2021 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Jun 28, 2005 | 3:2 | -0.10% | -1.83% |
| Jun 29, 1993 | 3:2 | -2.47% | +2.46% |
Frequently Asked Questions
Is The Cato Corporation (CATO) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. The Cato Corporation is also among the companies that regularly pay dividends.
What is CATO's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. CATO's annual dividend yield for the trailing 12 months is 15.38.
When did CATO last pay a dividend?
CATO last paid dividends on 2024-09-30, with the ex-dividend date being 2024-09-16.
When was the last time CATO stock split?
CATO stock split took place on 28-06-2005.
How did CATO's stock split work?
Its last split took place on Jun 28, 2005, when The Cato Corporation went through a 3:2 split leaving the shareholder with 3 share(s) who previously owned 2 CATO share(s).