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Walgreens Boots Alliance Just Cut Its Dividend: Here Are 2 Companies That Won't
JNJJ&J(JNJ) The Motley Fool·2024-01-21 15:45

If there is one thing income investors hate, it's when a company decides to slash or suspend its dividend. Yes, sometimes the business requires it, but that's cold comfort for those who count on regular and rising payouts. Recently, the leading pharmacy chain Walgreens Boots Alliance (WBA -0.68%) made the difficult decision to decrease its dividend by 48%, much to the dismay of investors.The company's financial position arguably justifies the move, but what about investing in a stock whose underlying busine ...