Walgreens Boots Alliance stock ( NASDAQ:WBA ) has much to offer dividend investors or anybody searching for a secure harbor in unpredictable economic times.
The corporation is a significant healthcare provider in the United States and the United Kingdom . It has a good dividend and a stable business centered on its over 9,000 retail pharmacy locations.
Let’s consider why it would be a good time to purchase or sell.
Walgreen Stock Bull Case:
1.Its dividend is rising and sustainable.
The main incentive to acquire Walgreens stock ( NASDAQ:WBA ) is the possibility of consistent, passive income.
As a result, as long as the firm stays successful and its profits rise—both of which it has done over the last decade—it is fair to believe that the circumstances are favorable for it to continue paying out its dividend year after year.
The future dividend yield of Walgreen stock ( NASDAQ:WBA ) is more than 5.9%, which is much greater than the about 2.2% yield of CVS Health, another large U.S. drugstore retail business. Furthermore, Walgreens has increased its payment by 20% in the last five years, and its payout ratio is a healthy 32%. That implies management has plenty of room to keep raising the dividend without depleting the company’s earnings.
2.Its consumer health sector is about to launch.
A...
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