Known for its “Everyday Low Prices,” Walmart is now the largest retailer in the world by revenue. The company has approximately 10,500 stores under 48 banners in 24 countries around the world.And because of its massive economies of scale, the business has remained resilient throughout several economic cycles.
Walmart shares have been trading mostly sideways for the past year and currently offer an annual dividend yield of 1.7 per cent. As a century-old company, Coca-Cola has delivered enormous returns to long-term investors. A big reason for that is the company’s impressive track record of dividend growth.Article content
The shares have climbed roughly 30 per cent over the past year and now offer an annual dividend yield of 2.8 per cent.