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Is Walgreens' High-Yielding Dividend Safe?
WBAWalgreens Boots Alliance(WBA) The Motley Fool·2024-11-22 09:10

If the dividend yield for a stock you are considering exceeds 10%, you should be taking a long, hard look at the business to determine whether that payout is safe. If it's safe, the odds are good other investors would be buying up such a deal (and reducing the yield as a result). A dividend that high generates significant income, which boosts overall returns offers a great buffer during challenging market conditions.Walgreens Boots Alliance (WBA 0.73%) slashed its dividend earlier this year. However, becaus ...