Cato suspends quarterly dividend

seekingalpha

2024-11-22

Cato Corporation (NYSE:CATO) has suspended its regular quarterly dividend, in light of the current economic conditions and current sales trends.
Shares fell 7% premarket on Friday in reaction.
The company incurred a loss of $0.79 per share in the third quarter on revenue of $146.17M that fell 7.6% Y/Y. It last paid dividend of $0.17/share in September.

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It last paid dividend of $0.17/share in September.</li>\n</ul></div></body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://seekingalpha.com/news/4320653-cato-suspends-quarterly-dividend\">seekingalpha</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://seekingalpha.com/news/4320653-cato-suspends-quarterly-dividend","article_id":"2485725285","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485725285","pubTimestamp":1732277681,"columns":[],"sourceInfo":{"source_id":"seekingalpha_trending_news","name":"Seeking Alpha Trending News"},"weMediaInfo":null,"summary":"Cato Corporation  has suspended its regular quarterly dividend, in light of the current economic conditions and current sales trends.The company incurred a loss of $0.79 per share in the third quarter on revenue of $146.17M that fell 7.6% Y/Y. 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