Walgreen Keeps Dividend Steady

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Pharmacy operator Walgreenannounced today its third-quarter dividend of $0.315 per share, the same rate it paid last quarter after raising the payout to investors 14.5% from $0.275 per share.

The board of directors said the quarterly dividend is payable on Dec. 12 to the holders of record at the close of business on Nov. 18. The regular dividend payment equates to a $1.26-per-share annual dividend, yielding 2.3% based on the closing price today of Walgreen's stock.

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The article Walgreen Keeps Dividend Steady originally appeared on Fool.com.

Fool contributor Rich Duprey and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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