Mar 3 2010![NewsGuard 100/100 Score](https://d2jx2rerrg6sh3.cloudfront.net/images/newsguard-100.svg)
China Nepstar
Chain Drugstore Ltd. (NYSE: NPD) ("China Nepstar" or the "Company"), the
largest drugstore chain in China based on the number of directly operated
stores, today announced that the Board of Directors has declared a cash
dividend of US$0.28 per American Depositary Share (ADS). The cash dividend is
payable on or around May 3, 2010, to shareholders of record as of the close of
business on April 2, 2010.
Mr. Ian Wade, Chief Executive Officer of China Nepstar, commented, "We are
pleased that our improved operation and strong free cash-flow generation
enable us to continue with dividend payment. This payment is consistent with
our balanced growth strategy, which we believe allows us to maximize long-term
shareholder value."
SOURCE China Nepstar Chain Drugstore Ltd.