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 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 ...
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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.
Walgreens Stock Slides on Dividend Suspension
Shares of Walgreens Boots Alliance dropped 10% Friday, after the pharmacy chain suspended quarterly dividends, citing the need for cash amid litigation and turnaround efforts. The Justice Department t ...