Up 97% in 2 years, Is Walmart a No-Brainer Dividend King Stock to Buy Now?
Walmart (NYSE: WMT) stock nearly doubled in the last two years while the S&P 500 (SNPINDEX: ^GSPC) gained 43.3%.In addition to the impressive gains in the share price, Walmart has been making some monster dividend raises. Its latest boost increased the dividend by 13% -- marking the 52nd consecutive year that Walmart has bumped its payout. That streak makes Walmart one of 55 companies that have raised their payouts for at least 50 consecutive years -- known as Dividend Kings.Continue reading
Walmart (NYSE: WMT) stock nearly doubled in the last two years while the S&P 500 (SNPINDEX: ^GSPC) gained 43.3%.
In addition to the impressive gains in the share price, Walmart has been making some monster dividend raises. Its latest boost increased the dividend by 13% -- marking the 52nd consecutive year that Walmart has bumped its payout. That streak makes Walmart one of 55 companies that have raised their payouts for at least 50 consecutive years -- known as Dividend Kings.
