Walgreens takes £4bn dividend from UK arm as Boots sale deadline looms

Order counter of new McDonald’s store in Bow

Boots’ US owner Walgreens has extracted $5.3bn (£4.3bn) in dividends from its UK arm.

The high street chemist’s holding company Superior Holdings also paid $4.1bn (£3.4bn) in dividends to Walgreens last year and a $909.6m (£744m) dividend the year before that, despite taking advantage of government support schemes worth millions of pounds during the pandemic.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.