Shoe Carnival Declares Quarterly Cash Dividend
June 14 2019 - 4:05PM
Business Wire
Company to Pay Quarterly Cash Dividend of $0.085 Per Share, a
Six Percent Increase Over Prior Quarterly Cash Dividend
Shoe Carnival, Inc. (NASDAQ: SCVL) a leading retailer of
moderately priced footwear and accessories, announced today that
its Board of Directors has approved a six percent increase in its
quarterly cash dividend.
The quarterly cash dividend of $0.085 per share will be paid on
July 22, 2019, to shareholders of record as of the close of
business on July 8, 2019.
“We are happy to announce another increase to our quarterly cash
dividend, as approved by our Board of Directors. This action
further demonstrates our ongoing goal of enhancing total return to
our shareholders,” stated Cliff Sifford, Shoe Carnival’s President
and Chief Executive Officer.
Future declarations of dividends are subject to approval of the
Board of Directors and will depend on the Company's results of
operations, financial condition, business conditions and other
factors deemed relevant by the Board of Directors.
About Shoe Carnival
Shoe Carnival, Inc. is one of the nation’s largest family
footwear retailers, offering a broad assortment of moderately
priced dress, casual and athletic footwear for men, women and
children with emphasis on national name brands. As of June 14,
2019, the Company operates 395 stores in 35 states and Puerto Rico,
and offers online shopping at www.shoecarnival.com. Headquartered
in Evansville, Indiana, Shoe Carnival trades on The NASDAQ Stock
Market LLC under the symbol SCVL. Shoe Carnival's press releases
and annual report are available on the Company's website at
www.shoecarnival.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190614005390/en/
Cliff SiffordPresident and Chief Executive Officer, orW. Kerry
JacksonSenior Executive Vice President, Chief Operating and
Financial Officer and Treasurer
7500 East Columbia StreetEvansville, IN
47715www.shoecarnival.com(812) 867-6471
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