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Jean Coutu (TSE:PJC.A) declared a Quarterly dividend on Wednesday, May 14th, AR Network reports. Investors of record on Friday, May 30th will be given a dividend of 0.10 per share on Friday, May 30th. This represents a yield of 1.81%. The ex-dividend date of this dividend is Wednesday, May 14th.

On a related note, analysts at Desjardins raised their price target on shares of Jean Coutu from C$19.00 to C$22.00 in a research note on Friday, May 2nd. Six analysts have rated the stock with a hold rating, Jean Coutu presently has a consensus rating of “Hold” and a consensus price target of C$19.36.

The Jean Coutu Group (TSE:PJC) Inc (Jean Coutu Group) operates a network of 399 franchised stores located in the provinces of Quebec, New Brunswick and Ontario under the banners of PJC Jean Coutu, PJC Clinique and PJC Jean Coutu Sante.

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