Replies to post #958 on Dividends , The Wheel --Cash secured Puts and Cove

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Walgreens Just Slashed Its Dividend. Stock Is Plunging

"Shares of Walgreens Boots Alliance fell by more than 10% after the pharmacy chain said it is cutting its quarterly dividend by nearly half. Walgreens shares initially jumped 2.4% in premarket trading following the announcement, but tumbled 11% as the regular session began. Adjusted earnings for the first quarter of Walgreens’ fiscal year, disclosed along with the news of the dividend cut, were 66 cents a share, beating the 62 cents a share consensus estimate among analysts tracked by FactSet, and down from $1.16 a share in the same quarter last year."

https://finance.yahoo.com/m/ee25515a-b35b-34e4-8abb-923112313e77/walgreens-just-slashed-its.html