04:26 PM EST - Shoppers Drug Mart Corp. : is boosting its quarterly dividend, Canada's largest drug store operator said Tuesday after reporting fourth-quarter profits jumped 16 per cent to $153.7 million on rising sales. The retailer of pharmacy and personal care products earned 71 cents a share for the quarter ended Dec. 29, up from earnings of $132.5 million, or 62 cents a share, for the comparable 2006 period. Consensus analyst predictions were for 70 cents of earnings per share, according to Thomson Financial. Shoppers Drug Mart Corp.
shares T.SC are trading up $2.11 at $49.63.
