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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' 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 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 ...
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.
Income investors, beware.
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
The past year has been a lousy time for holding shares of Walgreens Boots Alliance (NASDAQ: WBA) and Western Union (NYSE: WU). Both of these dividend payers have been beaten down to near 52-week lows.
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 ...