A Costco Special Dividend Could Be Coming, but Walmart Has Raised Its Dividend for 53 Consecutive Years. Here’s the Better Buy Now.
Most investors buy dividend stocks to create a reliable income stream to pay bills. Costco (COST +1.16%) and Walmart (WMT +0.45%) are both reliable dividend stocks. But they have taken dramatically different approaches with their dividends. For most, Walmart and its roughly 0.9% yield will be a better fit than Costco’s 0.6% yield. Here’s why….