Cato (CATO) Dividends & Splits

Cato Corp-The (CATO) is a retail company that operates fashion specialty stores. The company's primary focus is on women's clothing, although it also offers men's and children's apparel. One of the factors that investors often consider when evaluating a stock is the company's dividend yield. The dividend yield is a measure of the annual dividend payment relative to the stock price. For Cato Corp-The, the dividend yield is a healthy 5.3%. This means that for every dollar invested in the company's stock, investors can expect a return of 5.3 cents in the form of dividends each year.

The dividend payout ratio is another important metric to consider when evaluating a company's dividend. This ratio measures the percentage of earnings that is paid out as dividends. For Cato Corp-The, the payout ratio is 50%. This means that the company pays out half of its earnings as dividends, retaining the other half for reinvestment or other purposes. A lower payout ratio generally indicates that a company has more room to increase its dividends in the future.