Fred’s Pharmacy Declares Quarterly Cash Dividend Of $0.06 Per Share
August 18 2017 - 4:16PM
Business Wire
Fred’s, Inc. (NASDAQ:FRED) today announced that its Board of
Directors has declared a quarterly cash dividend of $0.06 per
share. The dividend is payable on September 15, 2017, to
shareholders of record as of September 1, 2017.
About Fred’s Pharmacy
Tracing its history back to an original store in Coldwater,
Mississippi, opened in 1947, today Fred’s Pharmacy is headquartered
in Memphis, Tennessee, and operates 601 pharmacy and general
merchandise stores, which includes 14 franchised Fred’s Pharmacy
locations and an additional three specialty pharmacy-only
locations. With a unique store format and strategy that combines
the best elements of a healthcare-focused drug store with a
value-focused retailer, Fred’s Pharmacy stores offer more than
12,000 frequently purchased items that address the healthcare and
everyday needs of its customers and patients. This includes
nationally recognized brands, proprietary Fred’s Pharmacy label
products, and a full range of value-priced selections. The Company
has two distribution centers, one in Memphis, Tennessee, and
Dublin, Georgia.
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version on businesswire.com: http://www.businesswire.com/news/home/20170818005328/en/
Fred’s PharmacyJason Jenne, 901-238-2787Executive Vice
President, Chief Financial Officer and SecretaryorJoele Frank,
Wilkinson Brimmer KatcherEd Trissel / Dan Moore212-355-4449
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