Building Wealth With Dividend Growth Stocks by Derrick C. Thomas - HTML preview

PLEASE NOTE: This is an HTML preview only and some elements such as links or page numbers may be incorrect.
Download the book in PDF, ePub, Kindle for a complete version.

CHAPTER 6:

– WEEKLY CASH FLOW STRATEGY –

JAN / APR / JUN / SEPT

1st week – Walmart Inc. (WMT) / $142.69

Forward Dividend & Yield 2.20 (1.54%)

Ex– Dividend Date Dec 09, 2021

Dividend Payout – 0.55

Walmart is committed toward providing great brands to customers at affordable prices. The retail giant has launched a new digital shopping destination.

Investors should feel confident that Walmart will retain its dividend track record despite these changes.

It's called Built–For–Better to help customers shop for products that promote personal well–being, with minimal impact on the environment. You can shop from this platform on walmart.com

As well as through the Walmart app; through this move Walmart hopes to move a step closer toward its sustainability strategy and commitment to become a regenerative company.

Although the company is in a deathrace for retail supremacy with Amazon, they reported a 97% increase in online sales. This is a strong indicator of great dividend payout stability moving forward.