Just got a raise (again)

The best part about this raise? I’m get­ting a raise and I’m not even work­ing a nine-to-five job! Who does­n’t love rais­es? I mean, seri­ous­ly, what’s bet­ter than a beau­ti­ful day hang­ing with my kid­dos AND get­ting a raise?

I hap­pen to own Walgreens ($WBA). It’s an unusu­al hold­ing for me, because I hate going into their stores and if I ever had a job in logis­tics my oper­at­ing mantra would be “do the oppo­site of what Walgreens does.”

That said, they’ve raised their div­i­dend 44 con­sec­u­tive years… and this year’s raise is 4%.

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 44^th con­sec­u­tive year that Walgreens Boots Alliance and its pre­de­ces­sor com­pa­ny, Walgreen Co., have raised the div­i­dend.

I get a morn­ing email from Sure Dividend, one of my favorite sites for research­ing and keep­ing up with com­pa­nies that pay div­i­dends. This morn­ing’s email told me about the Walgreen’s div­i­dend increase. If you invest and care about div­i­dends, you should sub­scribe to their free dai­ly newslet­ter too. You don’t need to read the whole thing every day, skim­ming is enough. A lit­tle bit every day and before you know it you’ll have learned some­thing.