Cato Corp. (CATO) announced that its board approved a 9% increase in the Company's dividend to an annualized rate of $1.00 per Class A Common and Class B Common share. The dividend is payable quarterly at the rate of $0.25 per share with the first payable date of June 25, 2012 to shareholders of record on June 11, 2012. At the closing market price on May 23, 2012, the dividend represents an annualized yield of 3.5%.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.