{"id":2575,"date":"2024-01-04T12:52:25","date_gmt":"2024-01-04T17:52:25","guid":{"rendered":"https:\/\/liferep.net\/?p=2575"},"modified":"2024-01-04T12:52:26","modified_gmt":"2024-01-04T17:52:26","slug":"thursday-january-4-2024","status":"publish","type":"post","link":"https:\/\/liferep.net\/?p=2575","title":{"rendered":"Thursday January 4, 2024"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\">Walgreens stock plunges after drugstore chain slashes quarterly dividend nearly in Half<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">KEY POINTS<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Shares of Walgreens fell after the company reported fiscal first-quarter adjusted earnings and revenue that topped expectations, but cut its quarterly dividend nearly in half.<\/li>\n\n\n\n<li>The retail pharmacy giant slashed its dividend to 25 cents per share from&nbsp;48 cents per share to \u201cstrengthen its long-term balance sheet and cash position,\u201d according to CEO Tim Wentworth.<\/li>\n\n\n\n<li>Walgreens reiterated its fiscal 2024 adjusted earnings guidance of $3.20 to $3.50 per share.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Walgreens stock plunges after drugstore chain slashes quarterly dividend nearly in Half KEY POINTS Shares of Walgreens fell after the company reported fiscal first-quarter adjusted earnings and revenue that topped expectations, but cut its quarterly dividend nearly in half. The retail pharmacy giant slashed its dividend to 25 cents per share from&nbsp;48 cents per share [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2575","post","type-post","status-publish","format-standard","hentry","category-daily-news"],"_links":{"self":[{"href":"https:\/\/liferep.net\/index.php?rest_route=\/wp\/v2\/posts\/2575","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/liferep.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/liferep.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/liferep.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/liferep.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2575"}],"version-history":[{"count":1,"href":"https:\/\/liferep.net\/index.php?rest_route=\/wp\/v2\/posts\/2575\/revisions"}],"predecessor-version":[{"id":2576,"href":"https:\/\/liferep.net\/index.php?rest_route=\/wp\/v2\/posts\/2575\/revisions\/2576"}],"wp:attachment":[{"href":"https:\/\/liferep.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/liferep.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/liferep.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}