Dividend Overview
Dividend Yield
12.16%
Dividend / Share
$1.46
Walgreens Boots Alliance Inc
Exchange: NASDAQSector: Consumer DefensiveIndustry: Pharmaceutical Retailers
Founded in 1901, Walgreens ( www.walgreens.com ) has a storied heritage of caring for communities for generations, and proudly serves nearly 9 million customers and patients each day across its approximately 8,500 stores throughout the U.S. and Puerto Rico, and leading omni-channel platforms. Walgreens has approximately 220,000 team members, including nearly 90,000 healthcare service providers, and is committed to being the first choice for retail pharmacy and health services, building trusted relationships that create healthier futures for customers, patients, team members and communities. Walgreens is the flagship U.S. brand of Walgreens Boots Alliance, Inc., an integrated healthcare, pharmacy and retail leader. Its retail locations are a critical point of access and convenience in thousands of communities, with Walgreens pharmacists playing a greater role as part of the healthcare system and patients’ care teams than ever before. Walgreens Specialty Pharmacy provides critical care and pharmacy services to millions of patients with rare disease states and complex, chronic conditions.
Did you know?
Earnings per share grew at a -3.6% CAGR.
Current Price
$11.98
+0.00%GoodMoat Value
$369.25
2982.3% undervaluedProfile
Valuation (TTM)
Market Cap$10.36B
P/E-1.64
EV$38.56B
P/B0.99
Shares Out864.74M
P/Sales0.07
Revenue$154.58B
EV/EBITDA—
Walgreens Boots Alliance Inc (WBA) Dividends
GoodMoat Analysis
The dividend profile of Walgreens Boots Alliance is highly unfavourable and unsustainable. The 12.16% yield is a classic distress signal, as the company is not generating the free cash flow required to support it and is burdened by a weak balance sheet. An income-focused value investor should view this payout with extreme caution.
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Walgreens Boots Alliance's dividend is not sustainable based on the provided financial data. The framework's Quality Indicators highlight critical weaknesses in both Free Cash Flow (FCF) and Balance Sheet strength. The company has a negative FCF yield of -3.5%, meaning it is burning cash rather than generating the surplus needed to fund shareholder payouts. This directly contradicts the framework's requirement for positive, growing FCF with a margin >10-15%. Furthermore, the balance sheet is heavily leveraged with a Debt/Equity ratio of 3.15, far exceeding the favourable threshold of low/zero debt (Debt/EBITDA < 1.0x). This weak financial foundation is compounded by severe operational issues, including negative profit and operating margins and a deeply negative ROE of -60.3%. While the 12.16% dividend yield is exceptionally high compared to the sector, it is a warning sign, not an opportunity. The company is not in a position to grow the dividend; the primary risk is a severe cut or elimination to preserve capital. For an income-focused investor, the dividend fails the basic quality checks of cash generation and balance sheet strength required for a reliable income stream. Analysis based on data as of 2024-05-15.
Key Metrics
Market Cap
$10.36B
P/E Ratio
-1.64
Forward P/E
—
EPS
$-10.01
PEG Ratio
0.01
Book Value
$12.08
Dividend Yield
12.16%
Profit Margin
-4.07%
ROE
-60.30%
Dividend History
Dividend Safety
WBA Dividend Analysis
Walgreens Boots Alliance Inc (WBA) dividend analysis including yield, payout history, and sustainability metrics. The current dividend yield is 12.16%. The annual dividend per share is $1.46.
P/E ratio: -1.64. Profit margin: -4.07%. Free cash flow: $-363.00M. This page shows Walgreens Boots Alliance Inc's dividend overview, key metrics, historical payout data, and dividend safety assessment to help income-focused investors evaluate the sustainability of dividend payments.
GoodMoat's dividend analyzer evaluates payout ratios, earnings coverage, and free cash flow coverage to determine how well supported Walgreens Boots Alliance Inc's dividend payments are. Use this analysis alongside the company's financial statements and quality score to make informed income-investing decisions.