Walgreens Dividend Yield: A Comprehensive Review

Walgreens has a long history of paying dividends to its shareholders, with the first dividend payment made in 1939.

The company has consistently increased its dividend payout over the years, with a total of 54 consecutive years of dividend growth.

Walgreens' dividend yield is a measure of the return on investment for shareholders.

The current dividend yield for Walgreens is around 4.5%, which is relatively high compared to other companies in the healthcare industry.

Walgreens' dividend yield is a key consideration for investors. The total shareholder yield comes in at 8.3%, which is a significant return on investment.

If you're looking for a more traditional dividend yield, you can expect a future dividend yield of 8.0%. This is based on the company's current dividend growth and payout ratio.

The dividend growth rate is a notable 15.7%, which suggests that Walgreens is committed to increasing its dividend payments over time. This could be attractive to investors seeking steady income.

Here are the key dividend metrics for Walgreens:

The dividend per share is a notable US$1.000, which is a significant amount for investors. However, it's worth noting that the payout ratio is -10%, which could be a concern for some investors.

WBA's dividend yield is significantly higher than the market average. At 8.0%, it's a notable dividend, especially when compared to the bottom 25% of dividend payers in the US market, which has a yield of just 1.4%.

In fact, WBA's dividend is among the top 25% of dividend payers in the US market, with a yield of 4.5% in that segment. This is a clear indication of the company's commitment to rewarding its shareholders.

Here's a quick comparison of WBA's dividend yield to the market average:

WBA's dividend yield is also in line with analyst forecasts, which expect the company to maintain its dividend yield of 8.0% over the next three years.

Walgreens' forward dividend yield is a staggering 9.27%, which is unusually high for a healthcare company.

The healthcare sector has the fourth-lowest average dividend yield of the 11 sectors in the S&P 500, making Walgreens' yield stand out even more.

This high yield doesn't necessarily mean the dividend is in jeopardy, but it should at least raise a yellow flag for investors.

Walgreens isn't a real estate investment trust (REIT), which typically offer high yields because they're required to return at least 90% of taxable income to shareholders as dividends.

The company's previous dividend cut, after 47 consecutive years of increases, doesn't guarantee that the dividend is safe from further cuts.

UBS analyst Kevin Caliendo noted that he "didn't necessarily hear full endorsement of the current dividend" in management's comments during the Q4 earnings call.

Walgreens CEO Tim Wentworth's response to Caliendo's question about the dividend left investors without any reason for confidence.

Wentworth said the company will "absolutely continue to monitor and make changes to our capital allocation, including better aligning our dividend with our long-term earnings power if we believe that's the appropriate thing to do."

A properly designed dividend growth strategy can get you back on track without losing your shirt.

Dividend growth strategies involve a long-term approach to investing in dividend-paying stocks.

The key to a successful dividend growth strategy is to find companies with a history of consistently increasing their dividend payouts.

For instance, a company with a calendar year payout growth of 10% or more is likely a good candidate for a dividend growth strategy.

The payout amount is also an important factor to consider, as it can impact the overall yield on cost.

A higher payout amount can result in a higher yield on cost, making it more attractive to investors.

It's essential to note that the qualified dividend status can also impact the payout type and frequency.

In some cases, a company may offer a qualified dividend, which can be taxed at a lower rate.

The pay date, declared date, and ex-dividend date are also crucial details to consider when investing in dividend-paying stocks.

These dates can impact when you receive your dividend payments and how you calculate your yield on cost.

Walgreens Boots Alliance, Inc.'s dividend yield is a crucial metric to consider, and it's currently at 0%.

The company pays dividends on a quarterly basis, which means investors can expect to receive payments four times a year.

Walgreens Boots Alliance, Inc.'s payout ratio is NaN%, indicating that the company is not returning a significant portion of its earnings to shareholders.

The ex-dividend date for Walgreens Boots Alliance, Inc. is November 18, 2024, so buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment.

Walgreens Boots Alliance, Inc. has increased its dividends for 1 year, which is a positive sign of the company's financial stability and its ability to pay consistent dividends in the future.