Shoe Carnival Declares Increased Quarterly Cash Dividend

EVANSVILLE, Ind.--(BUSINESS WIRE)--Shoe Carnival, Inc. (Nasdaq: SCVL) (the “Company”), a leading retailer of footwear and accessories for the family, announced today that its Board of Directors has approved the payment of a quarterly cash dividend of $0.135 per share, representing a quarterly increase of 12.5 percent and an increased annualized dividend rate to $0.54 per share. The quarterly cash dividend will be paid on April 22, 2024, to shareholders of record as of the close of business on A