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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 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 ...
Income investors, beware.
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 ...
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.
Walgreens is pulling the plug on 1,200 stores over the next three years. ... If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest ...