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Walgreens Suspends Nearly Century-Old Dividend to Save Cash
Walgreens Boots Alliance Inc. is suspending the quarterly dividend it’s paid for the past 92 years in a bid to conserve cash as the troubled pharmacy chain attempts to revive the business.Most Read fr
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 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 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.
5h
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 ...
11h
on MSN
Advocate Health Care closing all 47 clinics inside Illinois Walgreens stores
CHICAGO — Advocate Health Care is closing all of its clinics inside Walgreens stores in Illinois. The health care system ...
7d
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 ...
6d
Walgreens CEO says anti-theft measures are backfiring on sales
SAN DIEGO — Retailers that keep toothpaste and deodorant under lock and key may have to pivot. Walgreens is the first to ...
6d
on MSN
Walgreens Boots Alliance vs. CVS Health: What's the Better Turnaround Play?
Walgreens Boots Alliance ( WBA 1.03%) and CVS Health ( CVS 2.86%) face uncertain paths forward. They have both undergone ...
1d
Aurora Health Care will no longer operate clinics at Walgreens stores in Wisconsin
Aurora has been operating clinics in Walgreens stores since 2017. It will no longer operate the clinics beginning Feb. 6.
13d
More Walgreens closing. Where in Florida and what to know about your prescriptions
More Walgreens locations have closed or are closing — including one in Florida — as part of the company's plans to shutter ...
8d
Maps Reveal Where Walgreens and Rite Aid Are Closing Stores Nationwide
Major pharmacy chains are planning to shutter hundreds of stores in 2025, making access to medications more difficult.
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