CATO - NYSE
The Cato Corporation
$3.34
+5.7%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.
At a Glance
Live SnapshotThe Cato Corporation Dividend History
CATO Dividend Payment History
Total Payments
50
Latest Dividend
$0.1700
Annual Amount
$0.6800
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
Aug 29, 2024 | Sep 16, 2024 | Sep 30, 2024 | $0.1700 | $0.1700 | Quarterly | 0.00% |
May 24, 2024 | Jun 10, 2024 | Jun 24, 2024 | $0.1700 | $0.1700 | Quarterly | 0.00% |
Mar 1, 2024 | Mar 26, 2024 | Apr 1, 2024 | $0.1700 | $0.1700 | Quarterly | 0.00% |
Nov 17, 2023 | Dec 18, 2023 | Jan 2, 2024 | $0.1700 | $0.1700 | Quarterly | 0.00% |
Aug 25, 2023 | Sep 11, 2023 | Sep 25, 2023 | $0.1700 | $0.1700 | Quarterly | 0.00% |
May 19, 2023 | Jun 12, 2023 | Jun 26, 2023 | $0.1700 | $0.1700 | Quarterly | 0.00% |
Feb 24, 2023 | Mar 21, 2023 | Apr 3, 2023 | $0.1700 | $0.1700 | Quarterly | 0.00% |
Nov 18, 2022 | Dec 23, 2022 | Jan 3, 2023 | $0.1700 | $0.1700 | Quarterly | 0.00% |
Aug 26, 2022 | Sep 12, 2022 | Sep 26, 2022 | $0.1700 | $0.1700 | Quarterly | 0.00% |
May 20, 2022 | Jun 13, 2022 | Jun 27, 2022 | $0.1700 | $0.1700 | Quarterly | 0.00% |
Feb 24, 2022 | Mar 22, 2022 | Apr 4, 2022 | $0.1700 | $0.1700 | Semi-Annual | 0.00% |
Nov 18, 2021 | Dec 20, 2021 | Jan 3, 2022 | $0.1700 | $0.1700 | Semi-Annual | 0.00% |
Aug 27, 2021 | Sep 13, 2021 | Sep 27, 2021 | $0.1700 | $0.1700 | Semi-Annual | +54.55% |
May 20, 2021 | Jun 7, 2021 | Jun 21, 2021 | $0.1100 | $0.1100 | Semi-Annual | -66.67% |
Feb 28, 2020 | Mar 9, 2020 | Mar 24, 2020 | $0.3300 | $0.3300 | Quarterly | 0.00% |
Nov 22, 2019 | Dec 16, 2019 | Jan 2, 2020 | $0.3300 | $0.3300 | Quarterly | 0.00% |
Aug 30, 2019 | Sep 16, 2019 | Sep 30, 2019 | $0.3300 | $0.3300 | Quarterly | 0.00% |
May 23, 2019 | Jun 10, 2019 | Jun 24, 2019 | $0.3300 | $0.3300 | Quarterly | 0.00% |
Mar 1, 2019 | Mar 11, 2019 | Mar 26, 2019 | $0.3300 | $0.3300 | Quarterly | 0.00% |
Nov 21, 2018 | Dec 10, 2018 | Jan 2, 2019 | $0.3300 | $0.3300 | Quarterly | 0.00% |
Aug 31, 2018 | Sep 17, 2018 | Oct 1, 2018 | $0.3300 | $0.3300 | Quarterly | 0.00% |
May 24, 2018 | Jun 11, 2018 | Jun 25, 2018 | $0.3300 | $0.3300 | Quarterly | 0.00% |
Mar 1, 2018 | Mar 12, 2018 | Mar 28, 2018 | $0.3300 | $0.3300 | Quarterly | 0.00% |
Nov 17, 2017 | Dec 11, 2017 | Jan 2, 2018 | $0.3300 | $0.3300 | Quarterly | 0.00% |
Aug 25, 2017 | Sep 11, 2017 | Sep 25, 2017 | $0.3300 | $0.3300 | Quarterly | 0.00% |
May 22, 2017 | Jun 5, 2017 | Jun 19, 2017 | $0.3300 | $0.3300 | Quarterly | 0.00% |
Feb 24, 2017 | Mar 6, 2017 | Mar 22, 2017 | $0.3300 | $0.3300 | Quarterly | 0.00% |
Nov 22, 2016 | Dec 12, 2016 | Jan 2, 2017 | $0.3300 | $0.3300 | Quarterly | 0.00% |
Aug 26, 2016 | Sep 12, 2016 | Sep 26, 2016 | $0.3300 | $0.3300 | Quarterly | 0.00% |
May 20, 2016 | Jun 6, 2016 | Jun 20, 2016 | $0.3300 | $0.3300 | Quarterly | +10.00% |
Feb 26, 2016 | Mar 7, 2016 | Mar 23, 2016 | $0.3000 | $0.3000 | Quarterly | 0.00% |
Nov 25, 2015 | Dec 14, 2015 | Jan 4, 2016 | $0.3000 | $0.3000 | Quarterly | 0.00% |
Sep 1, 2015 | Sep 14, 2015 | Sep 28, 2015 | $0.3000 | $0.3000 | Quarterly | 0.00% |
May 22, 2015 | Jun 8, 2015 | Jun 22, 2015 | $0.3000 | $0.3000 | Quarterly | 0.00% |
Feb 27, 2015 | Mar 9, 2015 | Mar 25, 2015 | $0.3000 | $0.3000 | Quarterly | 0.00% |
Nov 26, 2014 | Dec 15, 2014 | Jan 5, 2015 | $0.3000 | $0.3000 | Quarterly | 0.00% |
Aug 29, 2014 | Sep 15, 2014 | Sep 29, 2014 | $0.3000 | $0.3000 | Quarterly | 0.00% |
May 20, 2014 | Jun 9, 2014 | Jun 23, 2014 | $0.3000 | $0.3000 | Quarterly | 0.00% |
Feb 28, 2014 | Mar 10, 2014 | Mar 24, 2014 | $0.3000 | $0.3000 | Quarterly | +500.00% |
Nov 27, 2013 | Dec 16, 2013 | Jan 2, 2014 | $0.0500 | $0.0500 | Quarterly | 0.00% |
Aug 30, 2013 | Sep 16, 2013 | Sep 30, 2013 | $0.0500 | $0.0500 | Quarterly | 0.00% |
May 23, 2013 | Jun 10, 2013 | Jun 24, 2013 | $0.0500 | $0.0500 | Quarterly | 0.00% |
Mar 1, 2013 | Mar 11, 2013 | Mar 25, 2013 | $0.0500 | $0.0500 | Quarterly | -97.78% |
Dec 4, 2012 | Dec 14, 2012 | Dec 28, 2012 | $2.2500 | $2.2500 | Quarterly | +800.00% |
Aug 24, 2012 | Sep 10, 2012 | Sep 24, 2012 | $0.2500 | $0.2500 | Quarterly | 0.00% |
May 24, 2012 | Jun 11, 2012 | Jun 25, 2012 | $0.2500 | $0.2500 | Quarterly | +8.70% |
Feb 24, 2012 | Mar 5, 2012 | Mar 19, 2012 | $0.2300 | $0.2300 | Quarterly | 0.00% |
Nov 23, 2011 | Dec 19, 2011 | Jan 3, 2012 | $0.2300 | $0.2300 | Quarterly | 0.00% |
Aug 26, 2011 | Sep 12, 2011 | Sep 26, 2011 | $0.2300 | $0.2300 | Quarterly | 0.00% |
May 26, 2011 | Jun 13, 2011 | Jun 27, 2011 | $0.2300 | $0.2300 | Quarterly | - |
The Cato Corporation Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.
Dividend Growth
Strong dividend growth demonstrates management confidence and business strength. Excellent signal for long-term dividend investors.
Sustainability
Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.
Key Insight
Growth with sustainability: Strong dividend increases coupled with conservative payout ratios suggest robust business momentum and shareholder-friendly management committed to value creation.
Related Guides
Continue your CATO research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.