|Bid||38.95 x 1400|
|Ask||38.99 x 1100|
|Day's Range||38.62 - 39.13|
|52 Week Range||36.57 - 55.00|
|Beta (5Y Monthly)||0.59|
|PE Ratio (TTM)||6.61|
|Earnings Date||Oct 12, 2022 - Oct 17, 2022|
|Forward Dividend & Yield||1.92 (4.92%)|
|Ex-Dividend Date||Aug 18, 2022|
|1y Target Est||41.83|
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Walgreens Boots Alliance (NASDAQ: WBA) stock is a steady performer with a very enticing dividend yield. In this video clip from "The Rank" on Motley Fool Live, recorded on July 27, Fool.com contributors Matt Frankel and Jason Hall examine several factors that make it quite appealing for investment. Matt Frankel: What shocked me when I did a little research for the show is Walgreens has a 5% dividend yield right now.
Healthcare is generally a safe place to invest. Year to date, the Health Care Select Sector SPDR Fund has only fallen 7% while the S&P 500 has declined by 14%. A couple of promising trends suggest this pattern could continue for the foreseeable future.
The state of Tennessee sued Walgreens on Wednesday, accusing the retail pharmacy giant of fueling the state's opioid epidemic by willfully flooding the market with an oversupply of prescription narcotics in violation of consumer protection and public nuisance laws. According to the lawsuit, Walgreens used its position as one of the state's largest pharmacy chains to dispense over 1.1 billion oxycodone and hydrocodone pills within Tennessee from 2006 to 2020, roughly equivalent to 175 tablets for every resident of the state. "The sheer volume of opioids that Walgreens released into Tennessee was unreasonable and highly suspicious on its face," said the 148-page lawsuit, filed in Knox County Circuit Court.