Rite Aid Corporation (NYSE:RAD) is a pharmacy chain in the United States. Rite Aid is a dividend-paying company, and has been paying dividends since 1923. Rite Aid has paid a dividend of $0.76 per share every quarter since the fourth quarter of 2009.
Rite Aid has raised its dividend every year since 2009, and has increased its dividend by an average of 8.7% each year. Rite Aid has a dividend payout ratio of 43%.