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GENOVESE DRUG STORES ANNOUNCES DIVIDEND

 GENOVESE DRUG STORES ANNOUNCES DIVIDEND
 MELVILLE, N.Y., March 9 /PRNewswire/ -- Genovese Drug Stores, Inc.


(AMEX: GDXA), a chain of 97 super drug stores with locations in New York, New Jersey and Connecticut, today announced that its board of directors declared a 6 cents per share regular cash dividend payable on April 7, 1992, to holders of record March 27. The current dividend represents the 45th consecutive quarter that the company has paid a cash dividend.
 On March 5, 1992, Genovese Drug Stores, Inc. announced record sales and net income for its fiscal year ended Jan. 31, 1992.
 -0- 3/9/92
 /CONTACT: Jerome Stengel, vice president and treasurer of Genovese Drug Stores, 516-420-1900/
 (GDXA) CO: Genovese Drug Stores Inc. ST: New York IN: REA SU: DIV CK-SH -- NY025 -- 6281 03/09/92 10:04 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Mar 9, 1992
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