That portfolio of stocks I've been building since September 3, 2019, named Volio will, by August 28, hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the first of five healthcare sector stocks primed to join Volio as the fifth of five representing the sector. One of the stocks I discuss this week could become the fifty-second overall selection for Volio! 

My subject today is a large-cap pharmaceutical retailer named, Walgreens Boots Alliance Inc. Its trading ticker is WBA. This is my first report on Walgreens Boots Alliance Inc. (WBA) for this portfolio. 

Walgreens Boots Alliance operates nearly 19,000 locations in 50 states and 25 countries. The core business is the pharmacy placed in high traffic locations. Currently, the company has the largest retail pharmacy market share (around 20%, excluding mail) which provides significant cost advantages and scale. 

Annually, the company generates over $140 billion in revenue consisting of U.S. retail pharmacy (around 75%), International pharmacy (around 10%) and pharmaceutical wholesale (around 20%). Walgreens has established strategic partnerships to offer incremental services to increase average revenue per customer and has equity stakes in AmerisourceBergen (26%) and Sinopharm Holding Guoda Drugstores (40%).

Walgreens Boots Alliance, Inc. has a strategic partnership with Microsoft and Adobe to launch second phase of digital transformation at the intersection of health and technology. 

The company was founded in 1901 and is based in Deerfield, Illinois.

I use three key data points to gauge dividend equities or funds like Walgreens Boots Alliance Inc. (WBA):

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money. 

WBA Price

Walgreens' price per share closed at $39.46 Friday. A year ago its price was $49.32. Price fell by $9.86 or about 20% last year.

Assuming Walgreens' stock trades in the range of $30 to $50 this next year, its recent $39.46 price might rise by $3.54 to reach $43.00 by August 23, 2021. 

WBA Dividends

Walgreens' most recently declared quarterly dividend was $0.4675, payable September 11th. That Q dividend equates to $1.87 annually and yields 4.74% at yesterday's $39.46 share price. 

WBA Gains?

Adding the $1.87 annual estimated dividend to my $3.54 optimistic estimate of Walgreens' price upside shows a $5.41 potential gross gain, per share, to be reduced by any costs to trade the shares.  

If we put little under $1,000.00 today in Walgreens Boots Alliance Inc. at $39.46, we would buy 25 shares of (WBA) stock.

A $10 broker fee paid half at purchase and half at sale could cost us about $0.40 per share.

Subtract that $0.40 brokerage cost from my estimated $5.41 gross gain per share results in a net gain of $5.01 X 25 shares = $125.25 for a 12.53% net gain on a $986.50 investment.

Thus, Walgreens Boots Alliance Inc. (WBA) shows a possible 12.53% net gain including a 4.74% dividend yield. It could be more, it could be less.  

The above speculation is based on past performance and supposition. Only time and money invested will tell if Walgreens Boots Alliance Inc. (WBA) is worth it.