Walgreens Boots Alliance Increases Quarterly Dividend
July 10 2019 - 2:45PM
Business Wire
Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced
that its board of directors has declared a quarterly dividend of
45.75 cents per share, an increase of 4 percent. The increased
dividend is payable September 12, 2019 to stockholders of record as
of August 20, 2019, and raises the annual rate from $1.76 per share
to $1.83 per share. This marks the 44th consecutive year that
Walgreens Boots Alliance and its predecessor company, Walgreen Co.,
have raised the dividend.
Notes to Editors:
About Walgreens Boots Alliance
Walgreens Boots Alliance (Nasdaq: WBA) is the first global
pharmacy-led, health and wellbeing enterprise. The company's
heritage of trusted health care services through community pharmacy
care and pharmaceutical wholesaling dates back more than 100
years.
Walgreens Boots Alliance is the largest retail pharmacy, health
and daily living destination across the U.S. and Europe. Walgreens
Boots Alliance and the companies in which it has equity method
investments together have a presence in more than 25 countries and
employ more than 415,000 people. The company is a global leader in
pharmacy-led, health and wellbeing retail and, together with its
equity method investments, has more than 18,500 stores in 11
countries as well as one of the largest global pharmaceutical
wholesale and distribution networks, with more than 390
distribution centers delivering to more than 230,000 pharmacies,
doctors, health centers and hospitals each year in more than 20
countries. In addition, Walgreens Boots Alliance 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.
Walgreens Boots Alliance is proud to be a force for good,
leveraging many decades of experience and its international scale,
to care for people and the planet through numerous social
responsibility and sustainability initiatives that have an impact
on the health and wellbeing of millions of people.
Walgreens Boots Alliance is included in Fortune magazine’s 2019
list of the World’s Most Admired Companies and ranked first in the
food and drugstore category. This is the 26th consecutive year that
Walgreens Boots Alliance or its predecessor company, Walgreen Co.,
has been named to the list.
More company information is available at www.walgreensbootsalliance.com.
(WBA-DIV)
Cautionary Note Regarding Forward-Looking Statements: All
statements in this release that are not historical are
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are not guarantees of future
performance and involve risks, assumptions and uncertainties,
including those described in Item 1A (Risk Factors) of our Form
10-K for the fiscal year ended August 31, 2018 and our Form 10-Q
for the fiscal quarter ended February 28, 2019, and in other
documents that Walgreens Boots Alliance files or furnishes with the
Securities and Exchange Commission. Should one or more of these
risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially.
These forward-looking statements speak only as of the date they are
made. Except to the extent required by law, Walgreens Boots
Alliance does not undertake, and expressly disclaims, any duty or
obligation to update publicly any forward-looking statement after
the date of this release, whether as a result of new information,
future events, changes in assumptions or otherwise.
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