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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 ...
Walgreens is pulling the plug on 1,200 stores over the next three years. That's no small cut. ... If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends ...
Walgreens had also halved its dividend to 25 cents per share earlier this year in an attempt to con. Walgreens Boots Alliance cut its profit forecast for fiscal 2024 and said it would close ...
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 ...
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.
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 ...