Walmart vs. Retail Dividend Stocks

This is a news story, published by Yahoo Finance, that relates primarily to WMT news.

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Technology

Is Walmart Inc. (WMT) the Best Retail Dividend Stock to Buy?

Summary

Nutrition label

84% Informative

Retail sales for February rose by 0.2% , rebounding from previous month’s downwardly revised 1.2% decline but missing the Dow Jones estimate of a 0.6% increase.

Online spending played a key role in driving sales growth for the month , as nonstore retailers reported a 2.4% growth.

The retail sector has largely stabilized since the pandemic, making it an investment area worth considering.

Walmart Inc. ( NYSE : WMT ) currently offers a quarterly dividend of $ 0.235 per share, growing it by 13% in February .

The stock has a dividend yield of 1.10% , as of March 29 .

Overall, WMT ranks 1st on our list of the best retail dividend stocks to buy.

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semi-formal

Language

English