24 June 2016: Bought 35 shares of WMT at $72.15 per share.
Wal-Mart Stores, Inc. (WMT) is the world's largest retailer. Based in Bentonville, Arkansas and founded in 1945, WMT is a multinational retailer consisting of more than 11,000 stores under 72 banners in 28 countries. It is the biggest private employer in the world with over two million employees.
WMT is a Dividend Champion with an impressive streak of 43 consecutive years of dividend increases. The company pays quarterly dividends in January, April, July and October.
At my buy price of $72.15 the stock yields 2.77%. Adding 35 shares of WMT to DivGro increases projected annual dividend income by $70 to $11,464.