Is Walmart a Great Dividend Stock?
Walmart (NYSE: WMT) has been successful for a long time, leading the company to reward shareholders with dividend payments. But there are many companies that pay dividends. As we've seen this year, a lot of them, including large and well-established companies, have suspended or cut payments.
Certainly, the COVID-19 pandemic created uncertainty and hurt companies' results, especially in certain industries. But for me to consider a company a great dividend stock, one criterion is for it to continue paying even in difficult and unforeseen circumstances. Another thing for investors to consider is whether a company can grow its dividend.
With those two criteria in mind, it's time to determine whether Walmart has achieved dividend greatness.
Source Fool.com
