Industry: Discount Variety Stores
Wal-Mart Stores, Inc. (WMT) is an American multinational retailer corporation that owns and operates discount department and wholesale stores worldwide. Everyday low prices is the company’s pricing philosophy. Wal-Mart was founded in 1962 and is headquartered in Bentonville, Arkansas. It owns more than 10,800 stores in 27 countries and is the largest private employer in the world. General economic conditions, such as higher interest rates, higher fuel or other costs, weakness in the housing market or higher unemployment may adversely affect Wal-Mart. Wal-Mart has a strong history of investor friendly dividend policy. Not only is the company a consistent dividend payer, but it has also shown a propensity to increase the dividend payout on an annual basis. Over time, investors have seen Wal-Mart achieve a steadily increasing dividend yield and have received good advanced notice of upcoming dividend dates. Wal-Mart is a dividend aristocrat that has increased its annual cash dividend every year since it established a $0.05 dividend in 1974.
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WMT Payout History (Paid and Declared)
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