Walgreen Company - WAG

Walgreen Company, stock ticker WAG, has swag. They pay a sweet 22 cents per share quarterly dividend, which is a current dividend yield of 2.69% and are taking over the entire continental United States. If you do not have a Walgreen's in your town, believe me WAG is on their way. One will pop up in your area and you will find yourself going there whether you like it or not! For medicine, jelly beans, or a birthday card. WAG is gonna get you! True, Wal-mart or GIANT Foodstores also have pharmacies, but do they provide the upscale quality that Walgreen's gives to the public. There is something to be said about how classy and organized each Walgreen's store is presented.

WAG together with their subsidiaries operate drugstore chains in the United States. They provide their customers with multichannel access to consumer goods and services, and pharmacy, health and wellness services. Walgreen's offers their products and services through drugstores, as well as through mail, by telephone, and via the Internet. They sell prescription and non-prescription drugs, as well as general merchandise, including household products, convenience foods, personal care, beauty care, candy (my personal favorite), photofinishing and seasonal items. Their pharmacy services includes retail, specialty, infusion, medical facility, long-term care and mail service, along with pharmacy benefit solutions and respiratory services.

In January 2010, the Company announced that it has completed the acquisition of the assets of 12 Eaton Apothecary pharmacies in the Boston area from D.A.W., Inc., a subsidiary of Nyer Medical Group, Inc. WAG has a market cap of $29.24 billion, P/E of 11.37, EPS of 2.95 and are 66% institutionally owned.

Fact: Walgreen's is the nation's largest drugstore chain with fiscal 2011 sales of $72 billion. The company operates 7,840 drugstores in ALL 50 states, the District of Columbia and Puerto Rico. Each day, their services improve health outcomes and lower costs for payers including employers, managed care organizations, health systems, pharmacy benefit managers and the public sector. Take Care Health Systems is a Walgreen's subsidiary that is the largest and most comprehensive manager of work site health and wellness centers and in-store convenient care clinics, with more than 700 locations throughout the country.

WAG is selling at a low right now, $33.48 as of March 9th, 2012. Their 52 week range is $30.34 to $47.11. They have a lot of room to grow. Their management team is conservative, they provide a wide variety of merchandise in stores, and their dividend is modest and easily sustainable. Yes, WAG is in a low margin business and analysts of the company are wary about their future earnings, however WAG customer are not running away and will keep buying month after month. Why not take the advantage to stock up some shares and wait for WAG to increase in value while reaping the benefits of reinvesting that 22 cents per share dividend?

Click here to visit Walgreen's webpage and get to know this powerful company who has been around since 1901! 6.1 million daily customers would agree, Walgreen's is here to stay. I believe WAG will make an excellent addition to your Roth IRA stock portfolio. It's all about picking up some shares when the price is low, hold for as long as you can and let those dividends pile up. Believe me, you will need a steady income stream when you retire, so don't mess around with hot companies which will fizzle out.

Please watch these videos below about Walgreen's and be proud to own a piece of this solid company. Until next time friends, reinvest your dividends and keep investing as much money as you can each week. Have a great weekend!