Walgreens, dividend

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
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.
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 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 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 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.
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