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Shoe Carnival board hikes dividend by 20%

Shoe Carnival Inc. (SCVL) said late Thursday its board hiked its dividend by 20%. The shoe retailer said the quarterly dividend of 12 cents a share, up from 10 cents a share, will be paid Oct. 17 to shareholders of record as of Oct. 3. Shoe Carnival shares were unchanged after hours following a 0.5% rise to close at $22.40.

-Wallace Witkowski

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09-21-23 1628ET

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