News Column

Walgreens Reports Regular Quarterly Dividend

January 24, 2014

The board of directors of Walgreen Co. declared a regular quarterly dividend of 31.5 cents per share, a 14.5 percent increase over the year ago dividend. According to the company, the dividend is payable March 12 , to shareholders of record Feb. 18 . Walgreens has paid a dividend in 325 straight quarters (more than 81 years) and has raised its dividend for 38 consecutive years. Over the last five years, Walgreens annual dividend rate has increased from 45 cents per share to $1.26 per share, resulting in a compound annual growth rate of nearly 23 percent. More Information: ((Comments on this story may be sent to ))

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Source: Professional Services Close - Up

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