), the world's largest retailer, offers everyday low prices for
consumers. For investors, Wal-Mart offers rising dividends and a
The Bentonville, Ark.-based firm seems like a poster child for
an income stock. It's a big cap, it's a mature company. But it
also sports steady top and bottom-line growth.
Wal-Mart is a member of the S&P 500 Dividend Aristocrats
index, which tracks large-cap stocks that have paid increasing
dividends for at least 25 years. The retail giant has that beat,
as it has paid higher dividends each year since 1974.
Last month, the company raised its annualized dividend by 18%
to $1.88 a share for fiscal 2014 from $1.59 a share. Its fiscal
year runs from Feb. 1 to Jan. 31.
CEO and President Mike Duke noted in a press release that the
29-cent annual increase is one of the largest increases in
Wal-Mart's dividend has more than doubled since 2007. It has a
yield of about 2.6%, which is slightly more than that of the
S&P 500. Wal-Mart has the biggest yield among six
dividend-paying stocks in the Retail-Major Discount Chains
The company pays shareholder dividends in April, June,
September and January.
Wal-Mart recently added a narrow handle to its
, giving a lower buy point at 74.23. Previously, the buy trigger
was at 77.70, 10 cents above the left-side high.
The stock's base is a first-stage pattern, as it undercut the
low of a flat base in November. The undercut resets the base
Wal-Mart has a Relative Price Strength Rating of 51. The low
rating is typical for stocks in saucers due to the long time it
takes for the pattern to form.