WBA Stock Alert: Walgreens Just Slashed Its Dividend
Walgreens Boots Alliance(WBA) InvestorPlace·2024-01-04 22:19
Walgreens (NASDAQ:WBA) is one of the top-trending tickers on websites and social media today after the company announced that it would cut its dividend nearly in half. The firm also released better-than-expected results for its fiscal first quarter. However, WBA stock still fell by about 5% in early trading this morning. Walgreens’ Dividend Cut and Its Implications for Investors WBA slashed “its quarterly dividend by 48%, to 25 cents a share from 48 cents a share.” The move will reduce the stock’s dividend ...