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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 ...
On Jan. 4, 2024, Walgreens reported its first-quarter results for the new fiscal year and announced a steep dividend cut. The 48% reduction to the payout may have come as a shock to investors who ...
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 ...
Still a high-yield dividend, even after a deep cut. Walgreens' current payout actually represents quite a reduction from previous levels. As 2024 kicked off, the company announced a dividend cut ...
Walgreens cut last year's quarterly dividend of $0.48 to only $0.25 earlier this year in an effort to conserve much-needed cash. Given that the company is barely breaking even as it aims to shrink ...
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Walgreens slashed the dividend nearly in half in early 2024, so don't be shocked if it happens again: It still costs Walgreens over $200 million quarterly. 2. The S&P 500 could soon drop the company.
Income investors, beware.