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Walgreens, dividend
Walgreens suspends dividend, breaking 90-plus year streak of shareholder payouts
Shares of Walgreens dove early Friday, a day after the drugstore chain said it was suspending its dividend, breaking a streak of quarterly shareholder payouts that stretches back more than 90 years.
Why Walgreens Suspended Its Dividend
Walgreens stock is spiraling Friday after the pharmacy chain suspended its dividend amid continued turnaround plans. Here's what you need to know.
Walgreens Suspends Dividend To Fund Turnaround ‘Cash Needs’
Walgreens is suspending its quarterly dividend as the company works to “evaluate and refine its capital allocation policy" amid its turnaround efforts.
Walgreens halts quarterly dividend for 1st time since 1932: 8 notes
Walgreens suspends its quarterly dividend for the first time in 92 years as it faces challenges in its financial turnaround effort.
Walgreens to Suspend Dividend in Cash-Saving Push
Cash needs for the next several years, “including with respect to litigation and debt refinancing,” were important considerations, the company said.
Walgreens suspends quarterly dividend, stock plunges
The move is the latest sign that the pharmacy chain is struggling to cut costs, improve margins and find stability.
Walgreens Suspends Dividend to Drive Turnaround Strategy
U.S.-based pharmacy chain Walgreens Boots Alliance (WBA) suspended its long-standing dividend to preserve cash and prioritize its turnaround
Walgreens suspends quarterly dividend for first time in 92 years, amid financial struggles
The change comes amid struggles for the Deerfield-based retail pharmacy giant. Walgreens announced plans in October to shutter 1,200 stores over the next three years.
Walgreens stock drops as dividend suspended
Shares of Walgreens Boots Alliance, Inc. (NASDAQ:WBA) tumbled 6% today following the company's announcement that it has suspended its quarterly dividend. The move comes as part of the company's efforts to strengthen its balance sheet and support a retail pharmacy-led turnaround.
2h
Walgreens Stock Slides on Dividend Suspension
Shares of Walgreens Boots Alliance dropped more than 15% Friday morning, after the pharmacy chain suspended quarterly ...
1h
on MSN
These Stocks Are Moving the Most Today: Apple, Intel, Chevron, Walgreens, AbbVie, Deckers, Atlassian, Beazer, and More
Apple stock rises after the tech giant posts better-than-expected earnings and guides for solid growth, Intel declines after ...
8d
Walgreens Lawsuit May Mean 'Significant' Payments to Customers: Lawyer
The Department of Justice civil complaint, filed in an Illinois federal court, could throw significant light on America's ...
2d
Laura Washington: Walgreens is closing stores and creating pharmacy deserts on Chicago’s South and West sides
The five local Walgreens stores to be closed are all on the city’s South and West sides, serving African American and Latino ...
17h
on MSN
The latest step in Walgreens’ turnaround is a blow to investors
Walgreens has struggled as foot traffic at its stores dwindle and pharmacy business faces slimmer reimbursement rates on ...
3d
on MSN
Walgreens to close 500 stores before August. Is Oklahoma affected?
In the company’s first quarter, from September to November, 70 stores were closed. They plan to close another 450 before the ...
1d
on MSN
Advocate Health Care closing all 47 of its clinics inside Illinois Walgreens stores
One or two medical office assistants work at each of the clinics, along with additional clinicians who support virtual care, ...
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