Does Shoe Station Group, Inc. (SHOE) Pay a Dividend? (2026)
Last updated July 2026
Short answer
Yes. Shoe Station Group, Inc. (SHOE) pays a dividend yielding about 5.27% as of September 2026, paid quarterly, four times a year. The latest payment on record was $0.17 per share, ex-dividend July 6, 2026. The forward annual rate is roughly $0.68 per share, about $527 a year on a $10,000 position before tax. The payout takes about 46% of earnings. Figures are approximate and dated; verify the current number with your broker.
Does Shoe Station Group, Inc. (SHOE) pay a dividend?
Yes. Shoe Station Group, Inc. distributes a dividend yielding roughly 5.27% as of September 2026, paid quarterly, four times a year. The most recent payment on record was $0.17 per share, with an ex-dividend date of July 6, 2026. Annualized, that is about $0.68 per share.
The valuation looks cheap on most conventional screens and expensive on the one that matters, which is forward earnings power. Trailing EPS of ~$0.88 puts the trailing multiple in the mid-teens, while the cut fiscal 2026 adjusted guidance of ~$0.75 to ~$0.90 means the stock is roughly a low-teens multiple of a number that has already been reduced once this year; against stated book value of ~$24.92 per share it trades near half. Enterprise value of ~$574 million is well above market capitalization because it capitalizes ~$354.6 million of operating leases, so the business is less asset-light than the debt-free description implies.
SHOE dividend at a glance
| 2026-07-06 | $0.17 |
| 2026-04-06 | $0.17 |
| 2026-01-12 | $0.15 |
| 2025-10-06 | $0.15 |
| 2025-07-07 | $0.15 |
| 2025-04-07 | $0.15 |
SHOE dividend data as of September 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with SHOE's investor relations page before relying on it.
Is the SHOE dividend covered?
Shoe Station Group, Inc. paid out about 46% of its earnings as dividends, so the payout is comfortably covered. That is the range most established dividend payers sit in: enough profit is retained to keep funding the business, with room to raise the dividend if earnings grow.
Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.
How the SHOE dividend has changed
The latest payment of $0.17 per share compares with $0.15 in the equivalent payment a year earlier (July 7, 2025). That is a change of 13.3% over the year.
A single year says little on its own. What dividend-growth investors track is the multi-year record: whether the payout has risen through a downturn, and whether the raises have kept pace with inflation. That record is on SHOE's investor relations page.
What SHOE's dividend means for you
- Income: about $527 a year per $10,000 invested, before tax.
- Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
- Total return: for SHOE the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
- Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
- If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.
How SHOE dividends are taxed
Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.
The bottom line on the SHOE dividend
Shoe Station Group, Inc. (SHOE) pays about 5.27%, or roughly $0.68 per share a year. That is a genuine income yield, so the payout is a real part of the case for holding it, and the coverage question above is the one to answer first. For the full picture see the SHOE guide. Walnut can show how SHOE fits your real portfolio. It is not an investment adviser.
Investing in Shoe Station Group, Inc. with AI
Connect the broker you already use and ask Walnut's AI how SHOE fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.
FAQ
Does Shoe Station Group, Inc. (SHOE) pay a dividend?
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Yes. Shoe Station Group, Inc. pays a dividend yielding roughly 5.27% as of September 2026, paid quarterly, four times a year. The most recent payment on record was $0.17 per share with an ex-dividend date of July 6, 2026. That works out to a forward annual rate of about $0.68 per share. Yields move with the share price, so verify the current figure with your broker or SHOE's investor relations page before relying on it.
What is SHOE's dividend yield?
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About 5.27% as of September 2026. On a $10,000 position that is roughly $527 of dividend income a year before tax. For context, the S&P 500 yields around 1.2%, so SHOE yields meaningfully more than the broad market. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.
How often does SHOE pay its dividend?
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Shoe Station Group, Inc. pays quarterly, four times a year. The most recent payment on record had an ex-dividend date of July 6, 2026. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on SHOE's investor relations page, because boards can change both the amount and the timing.
When is SHOE's ex-dividend date?
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The ex-dividend date recorded in our September 2026 data pull is July 6, 2026. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check SHOE's investor relations page for the next confirmed date.
Has Shoe Station Group, Inc. raised its dividend recently?
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Yes. The latest payment of $0.17 per share is above the $0.15 paid in the same slot a year earlier, an increase of about 13.3%. One raise is not a policy, though: check the multi-year record on SHOE's investor relations page, since a long streak of increases is what dividend-growth investors actually look for.
Is SHOE's dividend safe?
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Shoe Station Group, Inc. paid out about 46% of its earnings as dividends, so the payout is comfortably covered. That is the range most established dividend payers sit in: enough profit is retained to keep funding the business, with room to raise the dividend if earnings grow. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.
How much would I earn in dividends from a $10,000 position in SHOE?
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At a yield of about 5.27%, roughly $527 a year before tax, spread across 4 payments. That is a snapshot, not a promise: the amount changes when the company changes its payout, and your yield on cost is fixed at the price you paid, not at today's price.
Are SHOE dividends qualified for tax purposes?
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Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.
Should I reinvest SHOE dividends?
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Most brokers offer automatic reinvestment (a DRIP) that puts each SHOE payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.
Does Shoe Station Group pay a dividend?
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Yes. The quarterly dividend was raised to $0.17 per share in March 2026, an annualized $0.68, and the July 2026 payment was the 57th consecutive quarterly dividend. The board has increased the payout for 12 consecutive years at a compounded rate near 15.5 percent. At the depressed September 2026 share price the yield screens above 5 percent, and the payout consumes a large share of the reduced fiscal 2026 GAAP earnings guidance of $0.32 to $0.47, though free cash flow covers it more comfortably than reported earnings do.
Walnut is informational, not investment advice. Dividend figures on this page come from a September 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with SHOE's investor relations page or your broker before acting on them.