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GENOVESE DRUG STORES ANNOUNCES DIVIDEND

 MELVILLE, N.Y., March 9 /PRNewswire/ -- Genovese Drug Stores, Inc. (AMEX: GDXA), a chain of 100 super drug stores with locations in New York, New Jersey and Connecticut, today announced that its board of directors declared a $.06 per share regular cash dividend payable on April 6, 1993 to holders of record March 26, 1993. The current dividend represents the 49th consecutive quarter that the company has paid a cash dividend.
 On March 3, 1993, Genovese Drug Stores, Inc. announced record sales and net income for its fourth quarter and fiscal year ended Jan. 29, 1993.
 -0- 3/9/93
 /CONTACT: Jerome Stengel, vice president and treasurer of Genovese Drug Stores, Inc., 516-420-1900/
 (GDXA)


CO: Genovese Drug Stores, Inc. ST: New York IN: REA SU: DIV

TS-OS -- NY038 -- 4472 03/09/93 11:03 EST
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Publication:PR Newswire
Date:Mar 9, 1993
Words:135
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