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Rite Aid Declares Series I Preferred Stock Dividends
CAMP HILL, Pa.-(Business Wire)-July 3, 2008 - Rite Aid Corporation (NYSE:RAD) today announced that its Board of Directors has declared a cash dividend of $0.3438 per share on its 5.5% Series I Mandatory Convertible Preferred Stock for the period commencing on May 1, 2008 through July 31, 2008. The dividend is payable on August 1, 2008 to shareholders of record as of July 15, 2008.
Rite Aid Corporation is one of the nation's leading drugstore chains with more than 5,000 stores in 31 states and the District of Columbia. Information about Rite Aid, including corporate background and press releases, is available through the company's website at http://www.riteaid.com.
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