Income Investors, Rejoice! Walmart's Dividend Increase Is Its Biggest in Over a Decade.
Retail giant (NYSE: WMT) bucked Tuesday's market pullback, rising more than 3% as the S 500 declined 0.6%. The upbeat day for the megacap stock was due to the retailer's strong earnings report, which featured revenue and earnings per share significantly ahead of analysts' average forecasts.
But the one metric income investors likely focused on was the company's latest dividend increase. On Tuesday, management announced its highest quarterly dividend raise in over 10 years.
Here's a closer look at Walmart's strong earnings report and dividend increase.
Source Fool.com
Walmart Inc. Aktie
69,69 €
-0,13 %
Die Walmart Inc. Aktie in der Gunst der Community: Nur Buy-Einschätzungen, keine Sell-Einschätzungen.
Ein leicht positives Potenzial wird für Walmart Inc. mit einem Kursziel von 73 € im Vergleich zu 69.69 € gesehen.
