Walmart Yields Less Than 1%. The Surprising Reason Why Dividend Investors Should Own It Anyway.
Looking past Walmart just because of its yield could be a mistake.
Overview
For anyone seeking income from dividend payments, Walmart (NASDAQ: WMT) may not be the first stock that comes to mind, as its dividend yield is less than 1% as of this writing.
That said, despite the lower dividend yield, there are still advantages to owning Walmart shares for dividend investors. As you'll see shortly, it could help you avoid a risk associated with owning too many income-generating stocks.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.