Empowering Shareholders with Growth: Shoe Carnival Enhances Performance and Reports Rising Profits
Portfolio Pulse from Benzinga Insights
Shoe Carnival (NASDAQ:SCVL) is distributing a dividend payout of $0.12 per share, with an annualized dividend yield of 2.15%. The company has shown an upward trajectory in its dividend per share from 2019 to 2022, and its earnings per share have also increased from $1.31 in 2019 to $4.00 in 2022. This suggests a strong financial position and potential for higher cash dividend payouts in the future. Shoe Carnival's dividend yield is in the middle range compared to its industry peers, with Guess (NYSE:GES) having the highest annualized dividend yield at 5.45%.
October 17, 2023 | 3:05 pm
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POSITIVE IMPACT
Shoe Carnival's increasing dividends and earnings per share suggest a strong financial position and potential for higher future dividends.
Shoe Carnival's increasing dividends and earnings per share indicate a strong financial position and the ability to sustain dividend distributions, which is attractive to income-seeking investors. This could potentially lead to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Guess has the highest annualized dividend yield at 5.45% among its industry peers.
Guess is mentioned as having the highest annualized dividend yield among its industry peers. However, the news does not provide any additional information about Guess's financial performance or dividend policy, so the impact on its stock price is uncertain.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50