Walgreens Boots Alliance (NASDAQ: WBA) has an incredible track record for increasing its dividend payments. In 2022, it raised its payouts for the 47th straight year. For a company to do that, it needs to have solid, consistent financials, and strong enough profitability and cash flow to support those increases.

Although you should never assume that dividend increases are a certainty, it's hard not to expect that your dividend will increase when owning a stock like Walgreens -- its track record for dividend growth is a key reason why many people invest in it.

Here's a look at how much a $25,000 investment in Walgreens can generate in dividends today, and how much it might bring in for your portfolio in the future.

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Source Fool.com