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Jean Coutu issues special dividend

Canadian drug retailer Jean Coutu Group (PJC) Inc. on April 26 declared a special dividend of 5.57 Canadian cents per share.

The company said the dividend represents the amount of its quarterly dividend, calculated on a pro rata basis for the number of days elapsed between April 1 and the effective merger date between the company and Metro Inc. expected to occur May 11.

The dividend is payable May 10 to all holders of class A shares and class B shares as of May 3.