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Sunday, Feb 25, 2024

Cherokee Announces Quarterly Dividend

Cherokee Inc., a licensor and brand management company, announced that its Board of Directors has approved a quarterly dividend of $0.50 to be paid in the middle of June to shareholders of record on June 1, 2005. “We are pleased to continue to return excess cash to our shareholders in the form of a dividend. This dividend represents the seventh consecutive quarterly dividend an, if annualized, translates to a current yield of over 6 percent,” said Russell J. Riopelle, chief financial officer of Cherokee.

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