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Cato BoD approves Qtly dividend of $0.165 per share
23
May '08
The Cato Corporation announced that its Board of Directors declared a regular quarterly dividend of $0.165 per share.

The dividend will be payable on June 23, 2008 to shareholders of record of the Corporation at the close of business on June 9, 2008.

At the closing market price on May 21, 2008, the current dividend represents an annualized yield of 4.5%.

The Cato Corporation is a leading specialty retailer of value-priced women's fashion apparel operating two divisions, "Cato" and "It's Fashion".

The Company offers exclusive merchandise with fashion and quality comparable to mall specialty stores at low prices, every day.

Cato Corporation

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