Cherokee (CHKE) Approves $0.50 Per Share Quarterly Dividend

October 29, 2008 1:20 PM EDT

Cherokee Inc. (NASDAQ: CHKE) approved the distribution of a quarterly dividend to shareholders of $0.50 per share. The dividend will be payable on or about December 16, 2008 to shareholders of record on December 2, 2008.

Cherokee Inc., based in Van Nuys, is a marketer, licensor and manager of a variety of brands it owns (Cherokee, Sideout, Carole Little and others) and represents. [SM]


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