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Walgreens started last year by cutting the quarterly dividend nearly in half. The company slashed the payout to 25 cents from 48 cents after spending about $1.7 billion on cash dividends in fiscal ...
The company slashed the payout to 25 cents from 48 cents after spending about $1.7 billion on cash dividends in fiscal 2023. Chief Financial Officer Manmohan Mahajan told analysts earlier this month that Walgreens still was evaluating “the appropriateness and size of our dividend as part of our capital allocation policy.”
Walgreens Boots Alliance announced Thursday that it is suspending its practice of paying cash dividends to stockholders — the first time it won’t pay a quarterly dividend in 92 years. The ...
(Reuters) -Walgreens Boots Alliance has suspended its quarterly cash dividend amid restructuring efforts, the U.S. pharmacy chain operator said on Thursday, sending its shares down nearly 8% in ...
Walgreens is trying to recover from a dismal 2024, wherein the stock fell from 64% as it cut its dividend, took a multibillion-dollar write-down for its acquisition of VillageMD, and reported a ...
Pharmacy retailer Walgreens Boots Alliance (NASDAQ: WBA) was once seen as a safe dividend stock. Those days are long gone. In just the past three years, the stock has lost more than 80% of its ...
Until the dividend is suspended, investors should steer clear of Walgreens. I suspect many dividend investors likely aren't rushing to buy Walgreens shares right now. While a near-9% yield may ...
Walgreens Boots Alliance (NASDAQ: WBA) slashed its dividend earlier this year. Let's take a closer look to see whether Walgreens (reduced) payout is manageable, and determine if investors should ...