ST. LOUIS, Nov. 16 /PRNewswire-FirstCall/ -- CPI Corp. today announced that its Board of Directors declared a fourth quarter cash dividend of 16 cents per share. The dividend will be paid on December 3, 2007 to shareholders of record as of November 26, 2007. As of November 15, 2007, CPI had 6,408,884 common shares outstanding.
CPI is the leading portrait studio operator in North America offering photography services in approximately 3,100 locations in the United States, Puerto Rico, Canada and Mexico as well as the United Kingdom, principally in Sears and Wal-Mart stores.
