CCA Industries (CAW) Approves $0.07 Per Share Q3 Dividend

June 29, 2009 2:30 PM EDT

CCA Industries, Inc. (NYSE Amex: CAW) declared a $0.07 cash dividend payable to all shareholders of record August 3, 2009 payable on September 3, 2009, the twentieth consecutive dividend paid by the company. "In the meantime, our cash position is strong, and we are currently inclined to continue our consecutive dividend stream," stated David Edell, CEO.

The $0.07 dividend was declared by the Board of Directors after considering the concern of the economic condition of the economy, and the possible effect it may have upon the Company's free cash flow in the forthcoming quarters.

Current annual dividend yield is 9.30%.

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