Cato Corporation Dividends
The next dividend date for Cato Corporation has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Cato Corporation (CATO)
| 09/16/2024 | 08/29/2024 | 09/16/2024 | 09/30/2024 | $0.17 |
| 06/10/2024 | 05/24/2024 | 06/10/2024 | 06/24/2024 | $0.17 |
| 03/25/2024 | 03/01/2024 | 03/26/2024 | 04/01/2024 | $0.17 |
| 12/15/2023 | 11/17/2023 | 12/18/2023 | 01/02/2024 | $0.17 |
| 09/08/2023 | 08/25/2023 | 09/11/2023 | 09/25/2023 | $0.17 |
| 06/09/2023 | 05/19/2023 | 06/12/2023 | 06/26/2023 | $0.17 |
| 03/20/2023 | 02/24/2023 | 03/21/2023 | 04/03/2023 | $0.17 |
| 12/22/2022 | 11/18/2022 | 12/23/2022 | 01/03/2023 | $0.17 |
| 09/09/2022 | 08/26/2022 | 09/12/2022 | 09/26/2022 | $0.17 |
| 06/10/2022 | 05/20/2022 | 06/13/2022 | 06/27/2022 | $0.17 |
More About Cato Corporation
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. It also provides credit card services and layaway plans for customers. The Cato Corporation was incorporated in 1946 and is headquartered in Charlotte, North Carolina.
Owning Cato Corporation Stock on the Dividend Date
If you own Cato Corporation stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Cato Corporation stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Cato Corporation stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Cato Corporation stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Cato Corporation dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Cato Corporation Dividends
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