According to DividendChannel.com, on 8/17/11, Walgreen Co. (WAG) will trade ex-dividend, for its quarterly dividend of $0.225, payable on 9/12/11. As a percentage of WAG's recent stock price of $35.24, this dividend works out to approximately 0.64%.
Below is a dividend history chart for WAG, showing historical dividends prior to the most recent $0.225 declared by Walgreen Co.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from WAG is likely to continue, and whether the current estimated yield of 2.55% on annualized basis is a reasonable expectation of annual yield going forward.
According to the ETF Finder at ETF Channel, WAG makes up 6.95% of the Retail HOLDRS ETF (RTH) which is trading higher by about 0.2% on the day Monday.
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WAG operates in the Grocery & Drug Stores sector, among companies like CVS Caremark (CVS) which is up about 1.4% today, and Rite Aid (RAD) trading up about 1.4% as well.
In Monday trading, Walgreen Co. shares are currently up about 0.1% on the day.
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