Shoe Carnival, Inc. announced a quarterly cash dividend of $0.15 per share to be paid on January 26, 2026.
The Board of Directors also approved a new $50 million share repurchase program effective January 1, 2026.
The company's continuous commitment to shareholder returns and financial strength is highlighted through these initiatives.
Quarterly Cash Dividend
$0.15 per share to be paid on January 26, 2026.
Share Repurchase Program
New $50 million program authorized from January 1, 2026, replacing the previous authorization.
Financial Strength
Reflects commitment to shareholder returns and debt-free balance sheet.
- The new share repurchase program signals management's confidence in future cash flows and stock performance.
- Dividend payment reinforces the company's dedication to returning value to shareholders and maintaining financial stability.
Shoe Carnival's strategic moves to enhance shareholder value and reinforce financial stability exhibit a strong outlook for future growth and performance in the footwear retail sector.