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## Walgreens Boots Alliance Inc. Financial Analysis

### Stock Performance
Walgreens Boots Alliance Inc. (NASDAQ:WBA) closed at $25.14 on Dec. 14, marking a 2.07% increase. The stock’s 52-week trading range is between $19.68 and $41.31, and it holds a total market capitalization of $21.88 billion.

### Company Overview
Walgreens Boots Alliance is a holding company with subsidiary companies operating in the retail pharmacy and healthcare sector across the U.S. and other countries. As a holding company, it relies on its operating subsidiaries to fund dividend payments to shareholders.

### Dividend Details
The company has declared a quarterly dividend of $0.48 per share for fiscal 2023, resulting in a total annual dividend payout of $1.92 per share. This reflects a dividend yield of 9.21%. The total cash dividends for the year amount to $1.7 billion, consistent with the preceding year.

### Investment Strategy
For investors aiming to generate passive income from Walgreens Boots Alliance’s dividends, an investment of $130,293 is required to earn $1,000 per month, equivalent to holding 5,183 shares. Alternatively, with a target of $200 per month, the investment value is $26,059 or 1,036 shares.

### Using Dividend Yield to Estimate Investment Value
The dividend yield can be utilized to estimate the investment value based on the desired annual income and the current dividend yield of 9.21%. It’s important to consider potential changes in the dividend yield over time, influenced by stock price fluctuations and company dividend policies.

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