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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 last cut its dividend in January. 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 ...
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 ...
Unlike Walgreens, it continues to increase its dividend annually. Last year, the company boosted its quarterly payout by 4.3%, marking the 58th dividend hike it has made in 54 years.
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 is a risky stock to own, arguably too risky for most dividend investors to consider. One way it can set itself up for a better future is by parting with its dividend entirely.