The Dividend Yield Mirage: Why Caleres' Promising Payout May Not Deliver Caleres, Inc. 's recent stock price surge has investors excited about potential gains from its dividends. With an annual dividend yield of 2.
31%, some see this as a golden opportunity to pocket regular returns on their investment. However, a closer look reveals a more nuanced reality.
The company's latest earnings report, due September 9th, is expected to show a quarterly earnings per share of 37 cents – a modest increase from last year's 35 cents.