Walgreens Slashed Its Dividend, but That's a Good Thing for …

Jan 9, 2024 · The new dividend for Walgreens investors will be $0.25 per share every quarter. That's a 48% reduction from the $0.48-per-share quarterly payment it was making last year. …

CouponFollow Extension

48%
OFF

Walgreens Slashed Its Dividend, But That's A Good Thing For …

4 days from now

Jan 9, 2024 · The new dividend for Walgreens investors will be $0.25 per share every quarter. That's a 48% reduction from the $0.48-per-share quarterly payment it was making last year. …

fool.com

48%
OFF

Walgreens Stock (NASDAQ:WBA): Dividend Slashed After 47 Years.

4 days from now

Jan 9, 2024 · Last week, Walgreens Boots Alliance (NASDAQ:WBA) shocked the dividend investor community by announcing a 48% cut in its quarterly dividend, ending 47 years of …

nasdaq.com

48%
OFF

Walgreens Slashes Dividend To Free Up Cash, Invest In ... - Forbes

4 days from now

Jan 4, 2024 · Walgreens Boots Alliance quarterly losses narrowed and the drugstore chain announced plans to reduce its dividend by 48% to strengthen its balance sheet and cash …

forbes.com

48%
OFF

Walgreens Slashed Its Dividend, But That's A Good Thing For …

4 days from now

Jan 9, 2024 · The new dividend for Walgreens investors will be $0.25 per share every quarter. That's a 48% reduction from the $0.48-per-share quarterly payment it was making last year. …

yahoo.com

$860
OFF

Walgreens Doesn't Need To Cut Its Dividend, It Needs To …

4 days from now

Jul 17, 2024 · Key Points. Walgreens cut its dividend this year, but it's still costing the company more than $860 million annually. Free cash flow has often been insufficient to cover the …

fool.com

$1.92
OFF

Walgreens Boots Alliance Stock Just Slashed Its Dividend. Time To …

4 days from now

Jan 5, 2024 · Ending a 47-year streak of dividend increases, Walgreens has slashed its dividend. The annual dividend will fall by almost half -- from $1.92 per share to $1.00 per share. Rising …

fool.com

9%
OFF

Walgreens: 11.9% Dividend Yield Still On Unsteady Legs

4 days from now

6 days ago · With the dividend cut, this pushed WBA's dividend yield to a staggering 9.3% at the time. But cash from operations and free cash flow were still negative for the first half of the …

seekingalpha.com

52%
OFF

Walgreens Is Cutting Its Big-Time Dividend. Time To Buy The …

4 days from now

Jan 5, 2024 · Walgreens Boots Alliance (WBA -3.52%) got the bad news out early in 2024. The pharmacy company is cutting its dividend by nearly 50%. That ended a streak of 47 years of …

fool.com

48%
OFF

This Dow Jones Stock Just Slashed Its Dividend By 48%. Here's …

4 days from now

Jan 9, 2024 · Walgreens Boots Alliance (NASDAQ: WBA) caught the market by storm last week when it slashed its dividend by 48%, from $0.48 per share per quarter to $0.25. Now, …

yahoo.com

$0.47
OFF

Will Walgreens Be The Next Big Stock To Cut Its Dividend?

4 days from now

Apr 11, 2023 · In the past five years, Walgreens has already started to lessen its rate of dividend increases: Last year, the company made a razor-thin increase to the dividend, from $0.4775 to …

fool.com

FAQs about Walgreens Slashed Its Dividend, but That's a Good Thing for … Coupon?

Did Walgreens cut its dividend after 47 years?

Walgreens Stock (NASDAQ:WBA): Dividend Slashed after 47 Years. Blessing in Disguise? Last week, Walgreens Boots Alliance ( NASDAQ:WBA) shocked the dividend investor community by announcing a 48% cut in its quarterly dividend, ending 47 years of consecutive annual increases. ...

Does Walgreens pay a dividend?

The new dividend for Walgreens investors will be $0.25 per share every quarter. That's a 48% reduction from the $0.48-per-share quarterly payment it was making last year. Investors will now collect $1 per share every year, putting the yield at 4% based on current share prices, which is still far higher than the S&P 500 average of 1.5%. ...

Is Walgreens slashing its dividend too much?

Fundamental Chart data by YCharts. By slashing its dividend nearly in half this year, Walgreens has reduced how much it needs to allocate to its recurring payouts, but it's still too much of a burden for the struggling company. In three of the past five quarters, Walgreens has reported negative free cash flow. ...

Should you buy Walgreens stock if dividend yield exceeds 10%?

Walgreens has incurred losses over multiple quarters, exacerbated by several one-time impairment losses. The company is shutting down stores in an effort to get out of the red. If the dividend yield for a stock you are considering exceeds 10%, you should be taking a long, hard look at the business to determine whether that payout is safe. ...