Please ensure Javascript is enabled for purposes of website accessibility

Chico's FAS Declares Fresh Dividend

By Eric Volkman - Apr 12, 2013 at 12:00AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The women's apparel retailer keeps its payout steady.

Chico's FAS (CHS -2.92%) is doling out a new shareholder payout. The company announced that it will distribute a dividend of $0.055 per share of its common stock on July 1 to shareholders of record as of June 17. Although that amount matches the previous disbursement made last month, the firm pointed out that it is nearly 5% higher than the June 2012 dividend. That payment was $0.0525 per share.

Chico's FAS has handed out a distribution every quarter since launching such payments in early 2010.

The new dividend annualizes to $0.22 per share. That yields 1.2% at the company's current stock price of $17.97.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Chico's FAS, Inc. Stock Quote
Chico's FAS, Inc.
CHS
$4.32 (-2.92%) $0.13

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning service.

Stock Advisor Returns
330%
 
S&P 500 Returns
115%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 05/23/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.