Chico's still a value stock

For a brief time, the dividend yield on the stock of Chico's FAS hit 2% when the company's stock fell 14% after recent earnings disappointed investors.

Fort Myers-based Chico's only started paying a small dividend in February 2010, the first time it had done so since the company became publicly traded in March 1993 (symbol: CHS).

When Chico's stock closed at $9.94 on Nov. 22 after disappointing earnings, the annual dividend yield hit 2% based on the annual 20-cent-per-share payout.