Walgreens Boots Alliance Inc. (WBA) announced that it has suspended its cash dividend, which was historically paid to stockholders on a quarterly basis. The company's cash needs over the next several years, particularly regarding litigation and debt refinancing, were important considerations in the decision to suspend the dividend.
The company said it remains focused on successfully executing its strategic priorities and maintaining financial discipline, which it believes will deliver sustained value creation over the long term.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.