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And unfortunately for investors who have come to rely on its dividend, even its payout isn't safe. ... Walgreens grew its revenue by 7.5% year over year in its most recent quarter but the company ...
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 started last year by cutting the quarterly dividend nearly in half. The company slashed the payout to 25 cents from 48 cents after spending about $1.7 billion on cash dividends in fiscal ...
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 ...
The dividend still costs the business $216 million per quarter, or roughly $864 million over the course of a full year. That's after Walgreens already slashed its payout.
(Reuters) -Walgreens Boots Alliance has suspended its quarterly cash dividend amid restructuring efforts, the U.S. pharmacy chain operator said on Thursday, sending its shares down nearly 8% in ...
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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.