Chico's Keeps Dividend Steady

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Woman's clothier Chico's FASannounced yesterday its third-quarter dividend of $0.055 per share, the same rate it's paid for the past two quarters after raising the payout 4.8% from $0.0525 per share.

The board of directors said the quarterly dividend is payable on Sept. 30 to the holders of record at the close of business on Sept. 16. The women's fashion house has made quarterly payouts to investors since 2010.

The regular dividend payment equates to a $0.22-per-share annual dividend, yielding 1.3% based on the closing price of Chico's FAS stock on June 28.


CHS Dividend Chart

CHS Dividend data by YCharts

The article Chico's Keeps Dividend Steady originally appeared on Fool.com.

Fool contributor Rich Duprey and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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