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
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.
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 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 Amid Turnaround Efforts
(Reuters) -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 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 Is Dropping. The Dividend Halt Shouldn’t Have Been a Shock.
Embattled drug chain Walgreens suspended the cash dividend, saying it needed cash due to litigation and debt refinancing.
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,
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