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Walgreens pays dividend for 316th consecutive quarter

BY Michael Johnsen

DEERFIELD, Ill. — The board of directors of Walgreens on Wednesday declared a regular quarterly dividend of 22.5 cents per share, a 28.6% increase over the year-ago dividend. The dividend is payable Dec. 12 to shareholders of record Nov. 14.

Walgreens has paid a dividend in 316 straight quarters (79 years) and has raised its dividend for 36 consecutive years. Since the beginning of fiscal year 2007, Walgreens annual dividend rate has increased from 31 cents per share to 90 cents per share, resulting in a five-year compound annual growth rate of 23.8%, the chain reported.

 

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CDC: Condom use up among teens

BY Michael Johnsen

ATLANTA — The Centers for Disease Control and Prevention on Tuesday reported that the use of condoms is up in teen males.

The report, “Teenagers in the United States: Sexual Activity, Contraceptive Use, and Childbearing, 2006-2010 National Survey of Family Growth,” from CDC’s National Center for Health Statistics, found that 8-in-10 teen males used a condom, an increase of 9 percentage points from 2002. The study also found that 16% of teen males used a condom in combination with a female partner’s hormonal method, a 6 percentage point increase from 2002.

Other findings included:

  • 78% of females and 85% of males used a method of contraception. With a few exceptions, teenagers′ use of contraceptives has changed little since 2002, and the condom remained the most commonly used method;

  • One exception was an increase among males in the use of condoms and in dual use — the use of a condom combined with a partner’s use of hormonal contraceptive; and

  • Another exception was a significant increase in the percent of female teenagers who used hormonal methods other than the pill, such as injectables and the contraceptive patch. As many as 6% of teen females used a nonpill hormonal method in the latest survey compared to 2% in 2002.

The full report is available at www.cdc.gov/nchs.

 


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Giant-Carlisle sponsors drug take-back events

BY Alaric DeArment

CARLISLE, Pa. — Giant-Carlisle will sponsor several drug take-back events on Oct. 29, the company said.

Giant-Carlisle — the chain owned by Dutch supermarket operator Royal Ahold that comprises Giant Food Stores and Martin’s Food Markets — said it would work with local law enforcement agencies and the Drug Enforcement Administration to have the events at 29 stores in Pennsylvania. Medications will be accepted and destroyed at no cost to customers.

"We are proud to partner with the DEA and local law enforcement to help reduce the volume of unwanted medication in the community," Giant-Carlisle director of pharmacy operations Leigh Shirley said. "When medications are properly disposed, it lessens the likelihood that they may end up in the hands of a child or someone for whom they were not intended."

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