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 44th 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.