Walgreens stock spiraled Friday after the pharmacy chain suspended its dividend amid continued turnaround plans. Here's what ...

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

U.S.-based pharmacy chain Walgreens Boots Alliance (WBA) suspended its long-standing dividend to preserve cash and prioritize ...

KEY TAKEAWAYS Walgreens Boots Alliance shares sank Friday after the pharmacy chain suspended its quarterly dividend to shore ...

Walgreens Boots Alliance has suspended its quarterly cash dividend amid restructuring efforts, the U.S. pharmacy chain ...

Shares of Walgreens dove early Friday, a day after the drugstore chain said it was suspending its dividend, breaking a streak ...

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 change is aimed at improving Walgreens’ finances by reducing debt over time and improving cash flow, the company said.

The move is the latest sign that the pharmacy chain is struggling to cut costs, improve margins and find stability.

Walgreens Boots Alliance (WBA) stock is one of the worst-performing S&P 500 stocks Friday after the drugstore chain announced it is suspending its quarterly dividend. Track all markets on ...

Finance. Walgreens Boots Alliance Inc., the well-known American pharmacy chain, has decided to suspend its quarterly dividend, a move that aims to realign its financial strategy amidst ongoing ...