Here's Why Walmart Just Became the First Half-Trillion-Dollar Dividend King
Walmart continues to leverage its massive footprint and sophisticated supply chain to offset the impacts of inflation on consumer spending.Walmart (WMT -0.73%) is up more than 21% year to date and is now the second-best-performing component of the Dow Jones Industrial Average in 2024, behind only American Express.Walmart's outperformance may come as a bit of a surprise given the mega-cap growth stock rally has driven the bulk of the market's gains over the last year-and-a-half or so. But Walmart's results h ...