5 Best Buy and Hold Forever Dividend Stocks

3. Walgreens Boots Alliance, Inc. (NYSE:WBA)

Number of Hedge Fund Holders: 42

Dividend Yield: 4%

Walgreens Boots Alliance, Inc. (NYSE:WBA) is a health and beauty retail company operating through its United States and International segments. The company sells prescription drugs and other retail products such as health, wellness, and personal care products. The company has raised its dividend for the past seven years.

In January, Mizuho analyst Ann Hynes reiterated a Neutral rating on Walgreens Boots Alliance, Inc. (NYSE:WBA).

The company’s EPS in the fiscal first quarter of 2022 was $1.7, beating estimates by $0.3. Walgreens Boots Alliance, Inc. (NYSE:WBA) also had revenue of $33.9 billion, also beating estimates by $946.8 million.

Walgreens Boots Alliance, Inc. (NYSE:WBA) had 42 hedge funds holding stakes in it in the fourth quarter. Their total stake value was over $1 billion.