Fred's (FRED) Boosts Qtr. Dividend by 50% to $0.03

May 28, 2009 10:18 AM EDT

Fred's, Inc. (NASDAQ: FRED) today announced that its Board has approved a 50% increase in its quarterly dividend from $0.02 to $0.03 per common share, payable on June 15, 2009, to shareholders of record as of June 1, 2009.


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