Wal-Mart Stores (NYSE:WMT) is a legendary dividend stock. It paid its first dividend in 1974, at a rate of $0.05 per share. It has increased its dividend each year since.
Wal-Mart is a Dividend Aristocrat. These are stocks with over 25 years of consecutive dividend increases that are also members of the S&P 500.
You can see the entire list of all 51 Dividend Aristocrats here.
With 43 years of annual dividend increases under its belt, and a highly profitable business model, it's a good bet that Wal-Mart will increase its dividend again.
It has been four full quarters since Wal-Mart last raised its dividend. The company typically announces its annual increase in February, which means it's that time of year again.
This article will assess Wal-Mart's performance over the past year, its outlook up ahead, and what a 2017 dividend increase might look like.