5 Best Retail Dividend Stocks to Buy

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1. Walmart Inc (NYSE:WMT)

Number of Hedge Fund Investors: 85

Walmart Inc (NYSE:WMT) earlier this year announced a 9% hike in its annual dividend. This was the 51st consecutive annual dividend increase, cementing Walmart Inc’s (NYSE:WMT) status as one of the best and reliable dividend stocks to invest in.

Of the 933 hedge funds in Insider Monkey’s database, 85 hedge funds had stakes in Walmart Inc (NYSE:WMT).

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also look at the 10 Best Consumer Discretionary Dividend Stocks To Buy According to Analysts and the 12 Best Growth Stocks to Buy and Hold in 2024.

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