Walgreens Suspends Dividend
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drugstore chainAssociated Press News
•Business
Business & Economics
Walgreens suspends dividend, breaking 90-plus year streak of shareholder payouts

84% Informative
Walgreens has been dealing with thin prescription reimbursement, rising costs, persistent theft and inflation-sensitive shoppers.
The company is in the early stages of a plan to close 1,200 of its roughly 8,500 U.S. locations.
There were only two dividend suspensions last year in the S&P 500, including one from Intel .
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