Walgreens Boots Alliance Boosts Quarterly Dividend By 4.2%, Offers 1.8% Yield

Walgreens Boots Alliance, Inc.

disclosed that its board has lifted its quarterly dividend by 4.2 percent to 37.5 cents per share from $0.36. As a result, the annual rate of dividend would also increase to $1.50 a share from $1.44 a share. It provided 1.8 percent yield. Walgreens Boots Alliance said that it fixed August 19 as the record date for determining the eligible shareholders. The company would pay the dividend by September 12. The company stated that the latest dividend marked its 41st straight year Walgreens Boots Alliance. Its predecessor company, Walgreen Co., have also boosted the dividend rate. On Wednesday, the stock edged up by 0.81 percent.