Walgreens increases quarterly dividend

DEERFIELD - Walgreens Boots Alliance's board of directors has declared a quarterly dividend of 40 cents per share, an increase of 6.7 percent, payable Sept. 12 stockholders of record Aug. 18.

The increase raises the annual rate from $1.50 per share to $1.60 per share.

It marks the 42nd consecutive year Walgreens Boots Alliance and its predecessor company, Walgreen Co., have raised the dividend.