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EX-99.1 - EX-99.1 - CATO CORP | exhibit991.htm |
8-K - FORM 8-K - CATO CORP | cato8k1qtr2021.htm |
8100 Denmark Road
P.O. Box 34216
Charlotte, NC 28234
(704) 554-8510
EXHIBIT 99.2
The CATO Corporation
NEWS RELEASE
FOR IMMEDIATE RELEASE
For Further Information Contact:
THE CATO CORPORATION ANNOUNCES RESUMPTION OF QUARTERLY DIVIDEND
CHARLOTTE, N.C. (May 20, 2021)
CATO) declared a regular quarterly dividend of $0.11 per share. The dividend will be payable on
June 21, 2021 to shareholders of record on June 7, 2021.
The $0.11 dividend, or $0.44 on an annualized basis, represents an annualized yield of 3.1% at the
closing market price on May 19, 2021.
The Cato Corporation is a leading specialty retailer of value-priced fashion apparel and accessories
operating three concepts, “Cato,” “Versona” and “It’s Fashion.” The Company’s Cato stores offer
exclusive merchandise with fashion and quality comparable to mall specialty stores at low prices
every day. The Company also offers exclusive merchandise found in its Cato stores at
www.catofashions.com. Versona is a unique fashion destination offering apparel and accessories
including jewelry, handbags and shoes at exceptional prices every day. Select Versona merchandise
can also be found at www.shopversona.com. It’s Fashion offers fashion with a focus on the latest
trendy styles for the entire family at low prices every day.
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