Walgreens Boots Alliance (NASDAQ: WBA) is a trusted neighborhood pharmacy retailer that owns around 9,000 drugstores in the U.S.; four out of five people in the country live within five miles of one of its locations. But the company's stock doesn't provide that same level of stability and consistency as it seems to be in a perpetual tailwind.

Shares of the pharmacy retailer have been declining for years, and 2022 is proving to be no exception. Down 32% year-to-date, it has underperformed a struggling S&P 500 that is down a more modest 19%. As a result of the steep drop in price, shares of Walgreens recently hit a new 52-week low. And due to the decline in value, the dividend yield is now up to 5.4%.

Is now the time to load up on the healthcare stock, or should investors be worried about a potential cut to the dividend?

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Source Fool.com