Walgreens Boots Alliance raises dividend for 41st consecutive year

Walgreens Boots Alliance (WBA) will hike its quarterly dividend by 4.2%.

The dividend aristocrat will increase its annual dividend rate to $1.50 per share, marking 41 consecutive years of dividend increases.

The new dividend yield for Walgreens is 1.8%. The increased dividend is payable 12 September 2016 to stockholders of record 19 August 2016, and raises the annual rate from $1.44 per share to $1.50 per share.

Source: Walgreens Boots Alliance Inc.

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