Today, October 17, 2023, Shoe Carnival SCVL will distribute a dividend payout of $0.12 per share, highlighting an annualized dividend yield of 2.15%. Shareholders who owned the stock before the ex-dividend date on October 02, 2023 will be eligible for this payout.
Shoe Carnival Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-10-02 | 4 | $0.12 | 2.15% | 2023-09-21 | 2023-10-03 | 2023-10-17 |
| 2023-07-03 | 4 | $0.1 | 1.76% | 2023-06-22 | 2023-07-05 | 2023-07-19 |
| 2023-03-31 | 4 | $0.1 | 1.71% | 2023-03-22 | 2023-04-03 | 2023-04-17 |
| 2023-01-06 | 4 | $0.09 | 1.5% | 2022-12-15 | 2023-01-09 | 2023-01-23 |
| 2022-10-03 | 4 | $0.09 | 1.71% | 2022-09-23 | 2022-10-04 | 2022-10-18 |
| 2022-07-08 | 4 | $0.09 | 1.49% | 2022-06-24 | 2022-07-11 | 2022-07-25 |
| 2022-04-01 | 4 | $0.09 | 1.15% | 2022-03-16 | 2022-04-04 | 2022-04-18 |
| 2022-01-07 | 4 | $0.07 | 0.74% | 2021-12-20 | 2022-01-10 | 2022-01-24 |
| 2021-10-01 | 4 | $0.07 | 0.8% | 2021-09-17 | 2021-10-04 | 2021-10-18 |
| 2021-07-02 | 4 | $0.14 | 0.82% | 2021-06-14 | 2021-07-06 | 2021-07-19 |
| 2021-04-01 | 4 | $0.14 | 1.01% | 2021-03-19 | 2021-04-05 | 2021-04-19 |
| 2021-01-08 | 4 | $0.09 | 0.98% | 2020-12-17 | 2021-01-11 | 2021-01-25 |
Shoe Carnival's dividend yield falls in the middle range when compared to its industry peers, with Guess GES having the highest annualized dividend yield at 5.45%.
Analyzing Shoe Carnival Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $0.34 to $0.36, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Shoe Carnival
The earnings chart illustrates an increase in Shoe Carnival's earnings per share, from $1.31 in 2019 to $4.00 in 2022. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
Recap
This article takes an in-depth look at Shoe Carnival's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.12 per share today, translating to an annualized dividend yield of 2.15%.
Shoe Carnival's dividend yield falls in the middle range when compared to its industry peers, with Guess having the highest annualized dividend yield at 5.45%.
Considering the increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, Shoe Carnival appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.
Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.
[Monitor live stock price updates for Shoe Carnival on Benzinga.](https://www.benzinga.com/quote/Shoe Carnival (NASDAQ: SCVL))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
