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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 has recently cut its dividend by 48%, from $0.48 per share in Q4 2023 to $0.25 in Q1 2024. The reason given by CEO Tim Wentworth was to prioritize capital allocation.
Income investors, beware.
Walgreens stock sank as much as 12% Thursday before paring losses after saying it would slash its dividend by 48% — to $0.25 a share from $0.48 a share.New CEO Tim Wentworth, formerly the CEO of ...
Nowadays, however, Walgreens is struggling to grow, its bottom line isn't strong, and the company even slashed its dividend at the start of the year. Despite the cut, the stock's yield remains ...