5 Dividend Stocks That are On Sale 30% or More

2. Walgreens Boots Alliance, Inc. (NASDAQ:WBA)

3-year high-to-low share price decrease as of February 5: 59.9%

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) is a multinational company operating in the pharmaceutical and retail sectors. It is one of the largest pharmacy store chains globally. In January this year, the company slashed its dividend by nearly half to $0.25 per share, after growing it for 47 consecutive years. The share price of the stock has dropped by close to 60% since it reached its peak in June 2021. WBA offers a dividend yield of 4.33%, as of February 6.

At the end of Q3 2023, 31 hedge funds in Insider Monkey’s database owned stakes in Walgreens Boots Alliance, Inc. (NASDAQ:WBA), worth nearly $460 million. With nearly 5.4 million shares, Marshall Wace LLP was the company’s leading stakeholder in Q3.