Better Dividend Stock: Home Depot vs. Walmart
There aren't many retailers that can consistently deliver steadily rising dividends through the ups and downs of the economic cycle. That success requires sufficient scale, prime market positioning, and a management team that's committed to efficiently allocating capital. But even with these factors present, some retailers struggle to keep up with those annual dividend hikes.
(NYSE: WMT) and Home Depot (NYSE: HD) aren't in that category of struggling retailers. Even though parts of their business saw demand pressures in recent quarters, they've maintained impressive profitability and cash flow while continuing to attack their growth initiatives.
Income investors will find a lot to like about both businesses, but let's compare the two to see which would make the better dividend stock to buy right now.
Source Fool.com
Walmart Inc. Stock
The stock is an absolute favorite of our community with 66 Buy predictions and no Sell predictions.
With a target price of 156 € there is potential for a 162.32% increase which would mean more than doubling the current price of 59.47 € for Walmart Inc..
