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>>> Walmart Inc. (NYSE:WMT), the world’s largest retailer, is renowned for its extensive footprint and ability to generate steady cash flows, making it a prime candidate for dividend investors.

https://finance.yahoo.com/news/3-must-dividend-stocks-according-180056727.html

“Dividends continue to be a part of our diversified capital returns approach. We're proud to be increasing our annual dividend for the 51st consecutive year. This year’s nine percent increase is the largest in over a decade, and a sign of our confidence in our growth potential and cash flow,” said Walmart’s CFO and executive vice president, John David Rainey, in a news release.

The company joined the elite ranks of Dividend Kings in 2024, having increased its dividends for the 51st consecutive year in February 2024. Walmart currently pays an annual dividend of $0.83 per share, resulting in a yield of 1.23% on its current stock price. Earlier in February, the company made headlines with a 9% hike in its annual payout – the largest increase over a decade.

Tigress Financial has a "Buy" rating on Walmart with a price target of $86, indicating a potential upside of over 26%. KeyBanc also has a "Buy" rating on the company with a price target of $82, indicating a potential upside of nearly 21%.

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