Walgreens suspends dividend, breaking 90-plus year streak of shareholder payouts
Walgreens shares sank 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. The drugstore chain said late Thursday that it made the decision in an effort to strengthen its balance sheet and improve free cash flow as company leaders try
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 Boots falls after quarterly dividend suspension
Find out why Walgreens Boots Alliance (WBA) stock fell over 7% in extended trading and why the drugstore chain is suspending cash dividends.
Walgreens Suspends Dividend To Fund Turnaround ‘Cash Needs’
Walgreens is suspending its quarterly dividend payments to stockholders as the company works to free up cash to reduce debt and fund its long-term turnaround.
Walgreens Stock Slides on Dividend Suspension
Shares of Walgreens Boots Alliance dropped 10% Friday, after the pharmacy chain suspended quarterly dividends, citing the need for cash amid litigation and turnaround efforts. The Justice Department t
Walgreens suspends quarterly dividend amid turnaround efforts
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 extended trading.
Walgreens, CEOs Accused of Defrauding Investors in Opioid Scheme
Walgreens Boots Alliance Inc. and several of its former and current executives have been sued for allegedly defrauding investors by scheming to boost the company’s bottom line through opioid sales.
Jim Cramer on Walgreens Boots Alliance, Inc. (WBA): ‘I Think There Are Some Good Things Happening There’
We recently compiled a list of the Jim Cramer Discussed These 12 Stocks Amidst The DeepSeek AI Selloff. In this article, we ...
Why Walgreens Boots Alliance Stock Sank by Almost 5% Today
This is apparently happening to Walgreens Boots Alliance (NASDAQ: WBA), according to a media report. CNBC's David Faber ...
Walgreens Boots Alliance Faces Financial Strain: Analyst Recommends Sell Rating
Analyst Erin Wright from Morgan Stanley reiterated a Sell rating on Walgreens Boots Alliance (WBA – Research Report) and keeping the price ...
Walgreens, Deckers Outdoor, Beazer Homes And Other Big Stocks Moving Lower In Friday's Pre-Market Session
After the market close on Thursday, Walgreens announced its board is suspending its cash dividend as management continues to ...
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Why Walgreens (WBA) Shares Are Trading Lower Today
What Happened? Shares of pharmacy chain Walgreens Boots Alliance (NASDAQ:WBA) fell 17% in the morning session after the ...
Walgreens Boots Alliance (WBA) Receives a Hold from Truist Financial
In a report released today, David S Macdonald from Truist Financial maintained a Hold rating on Walgreens Boots Alliance (WBA – Research ...