Walgreens Boots Alliance raises dividend by 7.1%

DEERFIELD, Ill. — The board of directors of Walgreens Boots Alliance on Thursday declared a regular quarterly dividend of 33.75 cents per share, a 7.1% increase over the year ago dividend. The dividend is payable March 12 to shareholders of record as of Feb. 18.

 

As the successor company to Walgreens after its holding company reorganization on Dec. 31, Walgreens Boots Alliance has paid a dividend in 329 straight quarters (more than 82 years) and has raised its dividend for 39 consecutive years.

 

Pursuant to the reorganization merger, shares of Walgreens common stock were converted automatically into shares of Walgreens Boots Alliance common stock on a one-for-one basis.