The Board of Directors of The Cato Corporation declared a regular quarterly dividend of $0.17 per share. The dividend will be payable on September 27, 2021 to shareholders of record on September 13, 2021. The $0.17 dividend, or $0.68 on an annualized basis, is an increase of 55% above the current dividend of $0.44 and represents an annualized yield of 4.1% at the closing market price on August 26, 2021.