History here. Was $0.901, or 90.1 cents / share.
New dividend: $1.036.
Let's see:
- $1.036-0.901 = 1.036-0.901 = 0.135 / 0.901 = 15%? increase.
This goes along with news from Coca-Cola, and McDonalds, two things:
- brand-name companies are able to take advantage of "inflation"'; increase prices while holding lid on own costs;
- consumers willing to "pay up" for "their brand"
Also, perhaps the US consumer is not "tapped out."
Also suggests Walmart's quarter was a one-off for Walmart and mismanagment of inventory control (some of it / much of it, perhaps, beyond their control).
But I wouldn't let Walmart's 2Q22 numbers influence my investment strategy.
By the way, how is WMT doing today? Up almost 3%; up $3.55; trading at $130. It appears there was a buying opportunity on July 26, 2022.
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Politics
At this link, if you scroll down, you can find the video itself.
It's amazing how folks tried to figure this out when all one had to do was look at the tie.
This was at least two different clips spliced together. Nothing to see here. Simply a political video. Give it a rest. Just one of the reasons I tire of political "stuff."
If the political "stuff" offers me no "actionable information" for investing, I really have minimal interest.
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