Is Walmart a Great Dividend Stock?
While the retail landscape has changed a great deal since Walmart (NYSE: WMT) opened its first discount store in the early 1960s, the chain retains its wide popularity in large part by sticking to its long-time strategy of offering ultra-low prices on a broad range of goods.
That said, it has hardly stood still. Notably, over the last several years, with people steadily shifting more of their shopping online, Walmart has invested heavily in technology to remain relevant. Even in the face of stiff competition from the likes of Amazon (NASDAQ: AMZN), it remains the world's largest retailer.
Certainly, no one can deny the great growth and returns Walmart has delivered in the past. However, as the last year has reinforced, conditions can change quickly, leaving once-successful companies struggling to adapt. Walmart has at many times been a rewarding stock to hold. But is it an attractive stock for dividend-seeking investors today?
Source Fool.com
