The dividend is payable March 10, 2017 to stockholders of record as of Feb. 15, 2017.
A new TD Bank survey found 74% of retail executives saying they believe sales will increase in the next 12 months.
The proposed $37 billion merger between Aetna and Humana hits a roadblock with a ruling from a federal judge in a lawsuit between the companies and the federal government.
The news was announced in conjunction with the company's fourth quarter earnings call, and is part of the company's ongoing portfolio management.
"As the Walgreens/Rite Aid merger agreement is set to expire on Jan. 27, Walgreens could look to re-cut the ... deal given the challenges, potentially enhancing its profile," noted DB analyst George Hill.
The boards of both companies unanimously approved the $5.2 billion transaction, and the companies expect it to close by the end of February.
Overall, sales of multivitamins are relatively flat — 0.2% annual growth toward a $1.8 billion base. So, have sales of multivitamins plateaued, or are there pockets of opportunity out there?
For the quarter ended Nov. 26, 2016, on a same-store basis, the PJC network's retail sales increased by 3.6%, pharmacy sales increased by 4.4% and front-end sales increased by 2.8%.
Walgreens operations in the U.S. realized a 1.1% quarterly increase in overall comp sales. Same-store pharmacy sales increased 2% compared with the year-ago quarter.