Short Cuts

Blair Corp., Warren, PA, will issue a quarterly cash dividend of 15 cents on Sept. 15 to shareholders of record as of Aug. 19. The company intends to increase its dividends to 30 cents once it closes the sale of its credit portfolio to Alliance Data Systems in fourth quarter 2005, and as soon as it sells 4.4 million shares of its stock.

Select Comfort Corp. has named Stephen L. Gulis Jr. to its board of directors. The move expands the Minneapolis-based bed marketer