Shoe Carnival Increases Quarterly Cash Dividend to 17 Cents
Shoe Carnival announced the declaration of an increased quarterly cash dividend and the scheduling of its fourth quarter 2025 earnings release. The company's board of directors has approved the payment of a quarterly cash dividend of 17c per share, representing a quarterly increase of 13.3% and an increase in the annualized dividend rate to 68c per share. The quarterly cash dividend will be paid on April 20 to shareholders of record as of the close of business on April 6. "This year's dividend increase marks the 12th consecutive year the Company has raised its dividend, with the annualized rate growing from $0.12 to $0.68 per share over that period, representing a compounded annual growth rate of approximately 15.5 percent. The Board's decision to increase the quarterly dividend demonstrates confidence in our growth strategies and the strength of our balance sheet, which held over $130 million in cash and securities at the end of Fiscal 2025," commented Cliff Sifford, Shoe Carnival's Interim President and Chief Executive Officer. The company also set the date and time for its fourth quarter 2025 earnings release. Results will be released on Thursday, March 26, prior to market open.
