By Colin Kellaher
Shoe Carnival's board has raised the footwear retailer's quarterly dividend by 13%, to 17 cents from 15 cents.
The new payout, equal to 68 cents a year, represents an annual yield of about 3.73% based on Monday's trading price of $18.23, up from 3.29% previously.
The Fort Mill, S.C., company said the increased dividend is payable April 20 to shareholders of record April 6.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
March 09, 2026 11:52 ET (15:52 GMT)
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