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The Cato (The Cato) 3-Year Dividend Growth Rate

: 27.30% (As of Jan. 2024)
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The Cato's Dividends per Share for the three months ended in Jan. 2024 was $0.17.

The historical rank and industry rank for The Cato's 3-Year Dividend Growth Rate or its related term are showing as below:

CATO' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -37   Med: 9.15   Max: 102.7
Current: 27.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The Cato was 102.70% per year. The lowest was -37.00% per year. And the median was 9.15% per year.

CATO's 3-Year Dividend Growth Rate is ranked better than
75.96% of 391 companies
in the Retail - Cyclical industry
Industry Median: 11.2 vs CATO: 27.30

During the past 3 years, the average Dividends Per Share Growth Rate was 27.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -13.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -1.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

The Cato's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.00. As of today, The Cato's Dividend Yield % is 13.74%.

Good Sign:

The Cato Corp stock dividend yield is close to 3-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Apparel Retail subindustry, The Cato's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Cato 3-Year Dividend Growth Rate Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, The Cato's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where The Cato's 3-Year Dividend Growth Rate falls into.



The Cato 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


The Cato  (NYSE:CATO) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

The Cato's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2024 )/ EPS without NRI (Q: Jan. 2024 )
=0.17/ -1.15
=N/A

During the past 13 years, the highest Dividend Payout Ratio of The Cato was 340.00. The lowest was 0.28. And the median was 0.83.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

The Cato Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1702024-03-252024-03-262024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1702023-12-152023-12-182024-01-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.1702023-09-082023-09-112023-09-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.1702023-06-092023-06-122023-06-26Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

The Cato's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.68/4.96
=13.71 %

Current Share Price is $4.96.
The Cato's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.68.

During the past 13 years, the highest Dividend Yield of The Cato was 18.26%. The lowest was 0.61%. And the median was 5.69%.

Good Sign:

The Cato Corp stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Cato 3-Year Dividend Growth Rate Related Terms>


The Cato (The Cato) Business Description

Traded in Other Exchanges
Address
8100 Denmark Road, Charlotte, NC, USA, 28273-5975
The Cato Corp operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. Its primary objective is to be the fashion specialty retailer for fashion and value in its markets. The company operates through the following business segments: Retail and Credit. The Retail segment which generates majority revenue offers fashion specialty stores. The Credit segment involves credit card services.
Executives
Bailey W Patrick director
Cato John P D director, officer: CHAIRMAN/PRESIDENT/CEO CATO CORP, PO BOX 34216, CHARLOTTE NC 28234
Audrey Schwarz officer: Vice President, DMM PO BOX 34216, CHARLOTTE NC 28234
Charles D Knight officer: EVP - Chief Financial Officer TOYS R US, INC., ONE GEOFFREY WAY, WAYNE NJ 07470-2030
Hang Matchett officer: SVP-Mdse Plan, Alloc&Ctrl, MIO PO BOX 34216, CHARLOTTE NC 28234
Karen Anne Collins officer: SVP-Tsry,Tax,Fin Pln,Tax,Cr,IR PO BOX 34216, CHARLOTTE NC 28234
Theresa J Drew director ONE NORTH SECOND STREET, HARTSVILLE SC 29550
Daniel Harding Stowe director CATO CORP, PO BOX 34216, CHARLOTTE NC 28234-4216
Abby Shearer officer: SVP, General Merchandise Mgr PO BOX 34216, CHARLOTTE NC 28234
Lewis Pamela S Dr director QUEENS UNIVERSITY OF CHARLOTTE, 1900 SELWYN AVENUE, CHARLOTTE NC 28274
Scott Gurvis officer: SVP,Treasury, Fin Plan, Credit PO BOX 34216, CHARLOTTE NC 28234
Weisiger, Jr Edward I director PO BOX 34216, CHARLOTTE NC 28234
Vickie Smith officer: SVP, MERCH PLNG, ALLOC & CNTL C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Lisa Krows officer: SVP, DESIGN, TREND & COLOR PO BOX 34216, CHARLOTTE NC 28234
Cathy Bailey officer: SVP, GMM (CATO DIV) PO BOX 34216, CHARLOTTE NC 28234

The Cato (The Cato) Headlines

From GuruFocus

THE CATO CORPORATION ANNOUNCES REGULAR QUARTERLY DIVIDEND

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CATO REPORTS 4Q AND FULL YEAR EARNINGS

By PRNewswire PRNewswire 03-17-2022

THE CATO CORPORATION ANNOUNCES REGULAR QUARTERLY DIVIDEND

By PRNewswire PRNewswire 11-18-2022

CATO REPORTS 1Q EARNINGS

By PRNewswire PRNewswire 06-28-2022

THE CATO CORPORATION ANNOUNCES REGULAR QUARTERLY DIVIDEND

By PRNewswire PRNewswire 05-30-2022

THE CATO CORPORATION ANNOUNCES REGULAR QUARTERLY DIVIDEND

By PRNewswire PRNewswire 06-29-2022