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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.