Christopher & Banks Declares 6-Cent Dividend


Christopher & Banks (NYSE:CBK), a Minneapolis-based seller of women’s clothing, declared Wednesday a cash dividend of 6 cents a share.

The specialty retailer said the dividend is payable Jan. 26 to shareholders of record at the close of business on Jan. 12.

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Last week, the company reported a fiscal third-quarter loss from a year ago profit, hurt by ailing sales and a one-time severance charge related to the separation of the company’s former chief executive.

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