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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.
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 suspends dividend in latest cost-cutting measure
The decision is aimed at boosting cash flow and reducing 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 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.
16m
on MSN
These Stocks Are Moving the Most Today: Apple, Intel, Chevron, Exxon, Walgreens, AbbVie, Deckers, Atlassian, Vertex, and More
Stocks traded mostly lower on Friday after President Donald Trump followed through on his pledge to enact tariffs on Mexico ...
6h
Walgreens Stock Slides on Dividend Suspension
Shares of Walgreens Boots Alliance dropped more than 15% Friday morning, after the pharmacy chain suspended quarterly ...
23h
Walgreens suspends quarterly dividend amid turnaround efforts
Walgreens Boots Alliance has suspended its quarterly cash dividend amid restructuring efforts, the U.S. pharmacy chain ...
4h
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 ...
WDEL-FM
2h
Vehicle strikes Brandywine Hundred Walgreens Friday afternoon
A vehicle crashed through the front entrance of the Walgreens in Branmar Plaza on Friday afternoon. The wreck occured just ...
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 ...
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 ...
2h
Body cam footage shows moments officers respond to deadly Colerain Township shooting
COLERAIN TOWNSHIP, Ohio (WKRC) — Police have released video footage showing the harrowing moments officers responded to a deadly shooting at the intersection of Colerain Avenue and Springdale Road.
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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