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Cherokee (CHKE) Maintains $0.50 Qtr. Distribution, Yielding 10.29%

July 27, 2009 2:14 PM EDT
Cherokee Inc. (NASDAQ: CHKE) announced today that its Board of Directors approved the distribution of a quarterly dividend to shareholders of $0.50 per share. The dividend will be payable on or about September 17, 2009 to shareholders of record on September 2, 2009.

The dividend yields a nice 10.29%.

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