MATTHEWS, N.C., Jan. 17 /PRNewswire-FirstCall/ -- The Board of Directors of Family Dollar Stores, Inc. (NYSE: FDO), today declared a quarterly cash dividend on the Company's common stock of $.06-1/2 per share, payable April 15, 2002, to shareholders of record at the close of business on March 15, 2002. The quarterly cash dividend of $.06-1/2 per share is an increase of 8.3% from the preceding quarterly cash dividend of $.06 per share. The dividend increase represents the twenty-sixth consecutive year that the dividend has been increased.
Family Dollar Stores, Inc. operates a rapidly expanding chain of 4,265 stores in 39 states ranging as far northwest as South Dakota, northeast to Maine, southeast to Florida and southwest to Arizona.
SOURCE Family Dollar Stores, Inc.
-0- 01/17/2002
/CONTACT: George R. Mahoney, Jr., Executive Vice President of Family Dollar Stores, Inc., +1-704-814-3252/
ALL of you dont no me but ive been reading all of your post for some time.i went to Kmart yesterday and talked to the manager. And she verafide as much as youve just stated.Their going to close the nonprofited stores and keep the more profited ones open.also there going to cut a lot of employes loose .Ihope this information helps all of you.god bless