3 Hot Dividend Stocks for Your Portfolio
Published Tue, 19 Jul 2011 on The Motley Fool

Coming off a great third quarter when earnings rose an unexpectedly high 30%, Walgreen (NYSE: WBA) announced it would increase its quarterly dividend from $0.175 to $0.225 a share, a 29% increase. This marks the 36th consecutive year Walgreen has increased its dividend. There is some speculation, however, that Walgreen will run into some trouble over a coming contract renewal with pharmacy benefits manager Express Scripts (Nasdaq: ESRX). The current relationship generates about $5 billion in sales annually, and while most analysts expect the situation to resolve itself, there is no guarantee that Walgreen will come out of the negotiation unscathed.... Read more