Skip the Bonds -- Walmart Is a Dividend Aristocrat to Buy Today
With the onset of COVID-19 and its devastating economic aftereffects, U.S. Treasury yields have fallen dramatically. For instance, the 10-year yield is well below 1%. This makes it tough for yield-seeking investors, since other fixed-income instruments have their yields based on the risk-free Treasury.
So, with bonds paying low yields, one alternative is to look for a reliable dividend payer. Blue chip Walmart (NYSE: WMT) fits the bill.
Image source: Getty Images.
Source Fool.com
