Dow component Walgreens Boots Alliance (WBA) will raise its quarterly dividend by 4.0 percent to $0.4575 per share in 2019. This follows last year's 10.0 percent dividend hike by the Dividend Aristocrat.
The next dividend is payable September 12, 2019 to stockholders of record as of August 20, 2019. A new annual rate of $1.83 per share yields 3.3% at a stock price of $55.89. This marks the 44th consecutive year that Walgreens Boots Alliance and its predecessor company, Walgreen Co., have raised the dividend.
Walgreens Boots Alliance is a global, pharmacy-led health and wellbeing enterprise. The company is the largest retail pharmacy, health and daily living destination across the U.S. and Europe. Walgreens is a global leader in pharmacy-led, health and wellbeing retail and one of the largest global pharmaceutical wholesale and distribution networks, with its distribution centers delivering to pharmacies, doctors, health centers and hospitalsIn addition, Walgreens is one of the world’s largest purchasers of prescription drugs and many other health and wellbeing products. The company’s portfolio of retail and business brands includes Walgreens, Duane Reade, Boots and Alliance Healthcare, as well as increasingly global health and beauty product brands, such as No7, Soap & Glory, Liz Earle, Sleek MakeUP and Botanics.