Walgreens Boots Alliance has been named because the ”High Dividend Inventory of the Dow”, in keeping with Dividend Channel, which printed its most up-to-date ”DividendRank” report. The report famous that among the many elements of the Dow Jones Industrial Common, WBA shares displayed each enticing valuation metrics and robust profitability metrics. For instance, the current WBA share value of $20.79 represents a price-to-book ratio of 0.9 and an annual dividend yield of 9.2% — by comparability, the typical dividend paying inventory within the Dow yields 3.0% and trades at a price-to-book ratio of seven.7. The report additionally cited the robust quarterly dividend historical past at Walgreens Boots Alliance Inc, and favorable long-term multi-year progress charges in key basic knowledge factors.
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The report said, ”Dividend traders approaching investing from a worth standpoint are usually most serious about researching the strongest most worthwhile corporations, that additionally occur to be buying and selling at a gorgeous valuation. That is what we purpose to search out utilizing our proprietary DividendRank components, which ranks the protection universe based mostly upon our numerous standards for each profitability and valuation, to generate a listing of the highest most ‘attention-grabbing’ shares, meant for traders as a supply of concepts that benefit additional analysis.”
The Dow Jones Industrial Common dates again to 1896, and is likely one of the most generally adopted indices of huge, publicly owned corporations based mostly in america. Click here to see the most popular ETF that follows the Dow, and see all 30 components and their weights, at ETFChannel.com »
The present annualized dividend paid by Walgreens Boots Alliance is $1.92/share, at present paid in quarterly installments, and its most up-to-date dividend ex-date was on 11/13/2023. Under is a long-term dividend historical past chart for WBA, which the report pressured as being of key significance. Certainly, learning an organization’s previous dividend history might be of fine assist in judging whether or not the newest dividend is prone to proceed.
WBA
