Walgreen: Dividend Stock Analysis

Walgreen Co (WBA) is the nation's largest drugstore chain with fiscal 2008 sales of $59 billion. The company operates 6,902 drugstores in all 50 states, the District of Columbia and Puerto Rico. The company is member of the S&P 500 and was a recent addition to the S&P Dividend Aristocrats index. Walgreen Co has paid dividends for more than 76 years and consistently increased payments to common shareholders every year for 35 years. On July 14, the company raised distributions by 27.30% to 17.50 cents/share. Over the past decade this dividend stock has delivered a negative annual average total return of 1.10% to its shareholders. The stock is trading at the same levels it was changing hands a decade ago.... Read more

Older articles featuring WBA: