CVS Makes Dividend Announcement.WOONSOCKET Woonsocket (w  nsŏk`ĭt, w n–), city (1990 pop. 43,877), Providence co., N R.I. , RI--(BUSINESS WIRE)--Jan. 12, 1999--CVS Corporation (NYSE NYSESee: New York Stock Exchange : CVS (1) (Concurrent Versions System) A version control system for Unix that was initially developed as a series of shell scripts in the mid-1980s. CVS maintains the changes between one source code version and another and stores all the changes in one file. ) today announced that its Board of Directors has approved its quarterly cash dividend at the rate of $0.0575 per share on the Company's common stock, payable February 3, 1999, to shareholders of record January 22, 1999. CVS is the leading drug store chain in the Northeast, Mid-Atlantic, Southeast and Midwest regions. As of December 26, 1998, CVS operated 4,122 stores in 24 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). . General Information about CVS, including corporate background and press releases, is available through CVS' web site at http://www.CVS.com. |
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