Undervalued Dividend Growth Stock of the Week: Wal-Mart Stores, Inc. (WMT)
Overall, we have a high-quality dividend growth stock here: 42 years of dividend raises, a low payout ratio, an all-time high yield well in excess of the broader market, fantastic profitability, reasonable debt, and an industry leader with incredible economies of scale and pricing power. On top of all of this, shares are potentially 15% undervalued right now. I recently added to my position in this stock and you may want to consider the same…
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