Search results
Results from the WOW.Com Content Network
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 cut its dividend this year, but I believe the pharmacy specialist should outright suspend it, because that could play a big role in the company's overall turnaround. Why a dividend doesn ...
Walgreens is trying to recover from a dismal 2024, wherein the stock fell from 64% as it cut its dividend, took a multibillion-dollar write-down for its acquisition of VillageMD, and reported a ...
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' 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 ...
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 ...
Income investors, beware.
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 ...