Chico's FAS increases dividend 2c to 7.5c Chico's FAS announced that its Board of Directors declared a quarterly cash dividend of 7.5c per share of its common stock, an increase of 2c over the Q3 dividend rate. On an annualized basis, this would equate to an increase of 8c, or 36%, over the annualized dividend run-rate from the third quarter. The dividend is payable on December 23 to Chico's FAS shareholders of record at the close of business on December 9.
News For CHS From The Last 14 Days
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Chico's FAS upgraded to Outperform from Market Perform at FBR Capital FBR Capital upgraded Chico's FAS to Outperform citing shareholder return catalysts in 2014 and easy near-term same-store-sales compares. FBR raised its price target for the stock to $19 from $18.