CVS Corporation Announces Quarterly Dividend.Business Editors WOONSOCKET, R.I.--(BUSINESS WIRE)--March 5, 2003 CVS Corporation (NYSE NYSE See: New York Stock Exchange : CVS) today announced that its Board of Directors has approved its a quarterly dividend of $0.0575 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. on the Common Stock of the Corporation, payable May 2, 2003 to holders of record on April 22, 2003. As of February 22, 2003, CVS operated 4,096 retail and specialty pharmacy stores in 32 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . CVS is America's #1 pharmacy dispensing prescriptions in more stores than any other retailer. CVS has created innovative approaches to serve the healthcare needs of all customers through its approximately 4,000 CVS/pharmacy(R) stores; CVS.com(R), its online pharmacy; and PharmaCare Management Services, its pharmacy benefit management A Pharmacy Benefit Manager (PBM) is a third party administrator of prescription drug programs. They are primarily responsible for processing and paying prescription drug claims. and specialty pharmacy business. General information about CVS is available through the Investor Relations portion of the Company's website, at http://investor.cvs.com. |
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