Reported about 17 hours ago
Walgreens Boots Alliance currently offers a high dividend yield of around 12.1% following a recent reduction. However, the company's financial struggles, including significant operating losses and a negative cash flow situation, raise concerns about the sustainability of its dividend. With plans to close numerous retail locations, investors are advised to be cautious as further cuts may be forthcoming, making it risky to rely on Walgreens for dividend income.
Source: YAHOO