Chico’s FAS, Inc. (NYSE:CHS) announced a quarterly dividend on Friday, November 9th, RTT News reports. Stockholders of record on Monday, December 10th will be given a dividend of 0.085 per share by the specialty retailer on Friday, December 21st. This represents a $0.34 annualized dividend and a dividend yield of 4.48%.

Chico’s FAS has increased its dividend payment by an average of 3.2% annually over the last three years and has increased its dividend annually for the last 8 consecutive years. Chico’s FAS has a dividend payout ratio of 54.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Chico’s FAS to earn $0.66 per share next year, which means the company should continue to be able to cover its $0.34 annual dividend with an expected future payout ratio of 51.5%.

CHS opened at $7.59 on Friday. The company has a quick ratio of 1.15, a current ratio of 2.01 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $984.21 million, a PE ratio of 11.16, a price-to-earnings-growth ratio of 1.25 and a beta of 0.78. Chico’s FAS has a 12 month low of $7.01 and a 12 month high of $10.90.

Chico’s FAS (NYSE:CHS) last posted its quarterly earnings results on Wednesday, August 29th. The specialty retailer reported $0.13 EPS for the quarter, beating the consensus estimate of $0.12 by $0.01. The business had revenue of $544.72 million during the quarter, compared to analysts’ expectations of $541.02 million. Chico’s FAS had a return on equity of 11.79% and a net margin of 4.06%. The company’s quarterly revenue was down 5.9% compared to the same quarter last year. During the same period last year, the firm earned $0.18 EPS. As a group, research analysts forecast that Chico’s FAS will post 0.63 EPS for the current fiscal year.

CHS has been the subject of several research reports. ValuEngine raised Chico’s FAS from a “sell” rating to a “hold” rating in a report on Wednesday, July 18th. Zacks Investment Research raised Chico’s FAS from a “sell” rating to a “hold” rating in a report on Wednesday, August 1st. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $9.67.

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About Chico’s FAS

Chico's FAS, Inc operates as an omni-channel specialty retailer of women's private branded, casual-to-dressy clothing, intimates, and complementary accessories. The company's portfolio of brands consists of the Chico's, White House Black Market (WHBM), and Soma. The Chico's brand primarily sells private branded clothing focusing on women 45 and older.

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Dividend History for Chico`s FAS (NYSE:CHS)

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