|Bid||26.75 x 800|
|Ask||26.58 x 800|
|Day's Range||25.01 - 26.61|
|52 Week Range||4.63 - 26.61|
|Beta (5Y Monthly)||2.72|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.28 (1.16%)|
|Ex-Dividend Date||Mar 24, 2021|
|1y Target Est||N/A|
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Caleres, Inc.Global Credit Research - 25 Mar 2021New York, March 25, 2021 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Caleres, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 18 March 2021 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Caleres (NYSE:CAL) declared a dividend payable on April 9, 2021 to its shareholders as of March 11, 2021. It was also announced that shareholders of Caleres's stock as of March 25, 2021 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. The ex-dividend date for Caleres is set for March 24, 2021. The company's current dividend payout sits at $0.07, equating to a dividend yield of 1.51% at current price levels. The Significance Of Ex-Dividend Dates An ex-dividend date signals when a company's shares cease to trade with its current dividend payout. There is a small intermission period before the company announces a new dividend. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis. Understanding Caleres's Dividend Payouts And Yields Over the past year, Caleres has experienced no change regarding its dividend payouts and a downward trend regarding its yields. Last year on March 17, 2020 the company's payout was $0.07, which has returned to its value today. Caleres's dividend yield last year was 2.72%, which has since decreased by 1.21%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market. To read more news on Caleres click here. See more from BenzingaClick here for options trades from Benzinga12 Consumer Discretionary Stocks Moving In Monday's Intraday Session12 Consumer Discretionary Stocks Moving In Monday's Pre-Market Session© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Caleres, Inc. ( NYSE:CAL ) is about to trade ex-dividend in the next 4 days. Investors can purchase shares before the...