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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.”
(Reuters) -Walgreens Boots Alliance has suspended its quarterly cash dividend amid restructuring efforts, the U.S. pharmacy chain operator said on Thursday. Shares of the company fell more than 7% ...
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 ...
Pharmacy retailer Walgreens Boots Alliance (NASDAQ: WBA) was once seen as a safe dividend stock. Those days are long gone. Those days are long gone. In just the past three years, the stock has ...
Walgreens' current payout actually represents quite a reduction from previous levels. As 2024 kicked off, the company announced a dividend cut of nearly 50%, reducing its quarterly disbursement to ...
Wake up with Breakfast news in your inbox every market day. ... Walgreens has recently cut its dividend by 48%, from $0.48 per share in Q4 2023 to $0.25 in Q1 2024. ... Show comments. Advertisement.