Walgreens stock plunges. Its dividend payout changes are to blame
After an earnings-driven rally, Walgreens is back in the red as investors digest its decision to halt dividend payments. Walgreens Boots Alliance, Inc. investors have had a wild 2025 so far. Earlier this month,
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.
For first time in 92 years, Walgreens suspends quarterly dividend amid financial struggles
The change is aimed at improving Walgreens’ finances by reducing debt over time and improving cash flow, the company said.
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 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 suspends dividend in latest cost-cutting measure
The decision aims to boost cash flow and reduce debt as it faces an opioid lawsuit from the Department of Justice.
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 its dividend, and the stock falls
This story incorporates reporting from Orlando Sentinel, Business Insider, Retail Dive, Yahoo and YAHOO!Finance.Walgreens Boots Alliance Inc., the well-known American pharmacy chain, has decided to suspend its quarterly dividend,
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.
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One count dismissed in Walgreen v. Walgreen trademark dispute
The remaining six claims against the great-grandson of the the retail pharmacy empire's founder can go forward.
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 ...
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Why Walgreens (WBA) Shares Are Trading Lower Today
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The latest step in Walgreens’ turnaround is a blow to investors
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Advocate Closing All Clinics Inside IL Walgreens: Spokesperson
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Walgreens Boots gains as CEO responds to questions on takeover speculation
Walgreens Boots (NASDAQ:WBA) rose 1.6% after the drugstore chain's CEO responded to recent takeover speculation. Walgreens ...
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 ...