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CVS declares regular quarterly dividend.


WOONSOCKET, R.I.--(BUSINESS WIRE)--March 12, 1997--CVS Corporation (NYSE NYSE

See: 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 declared a regular quarterly dividend of $0.11 per share on the Company's common stock, payable on May 1, 1997 to shareholders of record on April 23, 1997.

As of February 22, 1997, CVS operated 1,417 stores in 14 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, with annual sales of $5.5 billion in 1996, is a leading drugstore chain in the Northeast and Middle Atlantic regions.

CONTACT: Investor Contact:

Nancy Christal

Vice President

Investor Relations Investor relations

The process by which the corporation communicates with its investors.
 

(914) 722-4704

or

Media Contact: Jim Fingeroth

Wendi Kopsick

Kekst and Company

(212) 593-2655
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Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 12, 1997
Words:110
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