Rite Aid Corporation (NYSE:RAD) today announced that its Board of
Directors has declared a cash dividend of $0.4049 per share on its 5.5%
Series I Mandatory Convertible Preferred Stock for the period commencing
on August 1, 2008 through November 16, 2008. The dividend is payable on
November 17, 2008 to shareholders of record as of October 15, 2008.
Rite Aid Corporation is one of the nation’s
leading drugstore chains with more than 4,900 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.
Rite Aid Corporation
Investors:
Frank Vitrano, 717-972-3948
or
investor@riteaid.com
or
Media:
Karen
Rugen, 717-730-7766
