Walgreens' quarterly dividend increases

DEERFIELD, Ill. — The board of directors for Walgreens declared a quarterly dividend that was 27.3% above last year.

The dividend, valued at 17.5 cents per share, is payable June 11 to shareholders of record May 20.

Walgreens noted that it has paid a dividend in 314 straight quarters (or 78 years) and has raised its dividend for 35 consecutive years.