Chico’s Declares Quarterly Dividend of $0.06 (CHS)
Chico’s (NYSE:CHS) declared a quarterly dividend on Thursday, February 28th. Investors of record on Monday, March 18th will be given a dividend of $0.06 per share on Monday, April 1st. This represents a $0.22 dividend on an annualized basis and a yield of 1.34%.
On a related note, analysts at FBR Capital reiterated a “marketperform” rating on shares of Chico’s in a research note to investors on Monday, December 17th. They now have a $20.00 price target on the stock, up previously from $18.00.
Five research analysts have rated the stock with a buy rating, eleven have given a hold rating, and one has issued a sell rating to the company’s stock. Chico’s presently has a consensus rating of “hold” and a consensus target price of $20.08.
Shares of Chico’s (CHS) opened at 16.41 on Thursday. Chico’s (CHS) has a 52 week low of $13.52 and a 52 week high of $19.76. The stock’s 50-day moving average is currently $17.56. The company has a market cap of $2.679 billion and a P/E ratio of 15.73.
Chico’s FAS, Inc. is a specialty retailer of private branded, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing gift items under the Chico’s, White House / Black Market (WH/BM) and Soma Intimates (Soma) brand names.
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