Wal-Mart Stores, Inc. (WMT) operates retail stores in various formats worldwide. It operates retail stores, restaurants, discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, apparel stores, Sam’s Clubs, and neighborhood markets, as well as walmart.com; and samsclub.com. The company is a member of the dividend aristocrats index, has paid dividends since 1976 and increased themfor 35 years in a row. The company’s last dividend increase was in March 2012 when the Board of Directors approved an 8.90% increase to 39.75 cents/share. The company’s largest competitors include Target (TGT) and Costco (COST) Over the past decade this dividend growth stock has delivered an annualized total return of 6% to its shareholders.
dividend payment has increased by 17.90% per year over the past decade, which is higher than to the growth in EPS.
is attractively valued at 16.10 times earnings and has an adequately covered dividend but only yields 2.10%. As a result, I would consider adding to my position on dips below $64.
Full Disclosure: Long WMT
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