Walgreens Boots Alliance (NASDAQ: WBA) caught the market by storm last week when it slashed its dividend by 48%, from $0.48 per share per quarter to $0.25. Now, Walgreens stock yields around 4%, which is still respectable, but far lower than the high yield investors were used to.

You may be wondering why a lower dividend could be a good thing. After all, why would investors ever ask a company to give them less money? Here's why Walgreens' cut was the right decision, a look at how past dividend cuts helped other companies, and whether or not Walgreens is a dividend stock that's worth buying now.

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Source Fool.com