Walgreens stock plunges after drugstore chain slashes quarterly dividend nearly in half

Walgreens cut its dividend to 25 cents per share to "strengthen [its] long-term balance sheet and cash position," said CEO Tim Wentworth.

Walgreens stock plunges after drugstore chain slashes quarterly dividend nearly in half
Walgreens cut its dividend to 25 cents per share to "strengthen [its] long-term balance sheet and cash position," said CEO Tim Wentworth.