3 Things Investors Can Learn From Walgreens' Dividend Suspension
For decades, investors have been able to rely on growing dividend payments from pharmacy retailer Walgreens Boots Alliance (NASDAQ: WBA). But earlier this year, the company announced that it would be suspending its dividend. And that comes a year after it slashed its payout.Walgreens investors may be feeling jaded with these developments. Not only has the stock been an awful buy over the past five years (it has declined by more than 75% during that time frame), but the loss of dividend income means they no longer have a consistent stream of cash flow. There are, however, three important lessons and takeaways, which may help prevent you from getting burned in a situation like this in the future.Continue reading
For decades, investors have been able to rely on growing dividend payments from pharmacy retailer Walgreens Boots Alliance (NASDAQ: WBA). But earlier this year, the company announced that it would be suspending its dividend. And that comes a year after it slashed its payout.
Walgreens investors may be feeling jaded with these developments. Not only has the stock been an awful buy over the past five years (it has declined by more than 75% during that time frame), but the loss of dividend income means they no longer have a consistent stream of cash flow.
There are, however, three important lessons and takeaways, which may help prevent you from getting burned in a situation like this in the future.
