After an earnings-driven rally, Walgreens is back in the red as investors digest its decision to halt dividend payments.
Embattled drug chain Walgreens suspended the cash dividend, saying it needed cash due to litigation and debt refinancing.
Shares of Walgreens dove early Friday, a day after the drugstore chain said it was suspending its dividend, breaking a streak ...
Walgreens Boots Alliance announced Thursday that it is suspending its practice of paying cash dividends to stockholders — the ...
Walgreens Boots Alliance Inc. tumbled Friday after suspending the quarterly dividend it’s paid for the past 92 years in a bid ...
Walgreens stock is spiraling Friday after the pharmacy chain suspended its dividend amid continued turnaround plans. Here's ...
Walgreens is suspending its quarterly dividend payments to stockholders as the company works to free up cash to reduce debt and fund its long-term turnaround.
The decision is aimed at boosting cash flow and reducing debt as it faces an opioid lawsuit from the Department of Justice.
Walgreens Boots Alliance shares are sinking in premarket trading, as the pharmacy chain suspends quarterly dividends to shore up its finances while it works to turnaround its business.
The move is the latest sign that the pharmacy chain is struggling to cut costs, improve margins and find stability.
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 ...
No-moat Walgreens announced its decision to suspend its quarterly dividend in the future after the market closed on Jan. 30. Prior to this decision, Walgreens had been paying $0.25 per share ...