After an earnings-driven rally, Walgreens is back in the red as investors digest its decision to halt dividend payments.

Walgreens shares sank Friday, a day after the drugstore chain said it was suspending its dividend, breaking a streak of ...

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.

KEY TAKEAWAYS Walgreens Boots Alliance shares sank Friday after the pharmacy chain suspended its quarterly dividend to shore up its finances while it works to turn around its business.The company said ...

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 ...

(Bloomberg) -- Walgreens Boots Alliance Inc. tumbled Friday after suspending the quarterly dividend it’s paid for the past 92 years in a bid to conserve cash and revive the business. Shares ...

(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 ...

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 ...