Shoe Carnival, Inc. (NASDAQ:SHOE) Announces Quarterly Dividend of $0.17

Shoe Carnival, Inc. (NASDAQ:SHOE) declared a quarterly dividend on Wednesday, June 10th, NASDAQ Dividends reports. Shareholders of record on Monday, July 6th will be paid a dividend of 0.17 per share on Monday, July 20th. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Monday, July 6th.

Shoe Carnival Stock Performance

Shares of Shoe Carnival stock opened at $15.09 on Friday. The firm has a market cap of $409.69 million, a price-to-earnings ratio of 8.43 and a beta of 1.43. Shoe Carnival has a 1 year low of $14.79 and a 1 year high of $26.57.

Shoe Carnival (NASDAQ:SHOE) last announced its earnings results on Thursday, May 21st. The company reported $0.23 EPS for the quarter. Shoe Carnival had a net margin of 3.31% and a return on equity of 7.24%. The business had revenue of $270.73 million during the quarter. On average, research analysts forecast that Shoe Carnival will post 1.5 EPS for the current year.

About Shoe Carnival

Shoe Carnival, Inc is a family footwear retailer that operates stores and an e-commerce platform serving customers in the United States. The company offers a broad assortment of footwear for men, women, and children, including athletic shoes, casual styles, dress shoes, and boots, along with accessories such as socks, handbags, and shoe care products.

Founded in 1978, Shoe Carnival is known for its value-oriented shopping experience and promotional retail format. The company focuses on providing branded footwear from a range of national and private-label offerings, with merchandise designed to appeal to families and budget-conscious shoppers.

In addition to its store network, Shoe Carnival sells through its online channel, giving customers another way to browse and purchase products.