Cherokee (CHKE) Declares a $0.38 Quarterly Dividend; 7.7% Yield

Cherokee Inc. (Nasdaq: CHKE) announced today that its Board of Directors approved the distribution of a quarterly dividend to shareholders of $0.38 per share, $1.52 annualized. The dividend will be payable on or about September 15, 2010, to shareholders of record on September 1, 2010. The ex-dividend date is August 30, 2010. Yield on the dividend is 7.7%.... Read more

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