The dividends of the Walmart, one of the world’s largest retail corporation with a huge chain of hypermarkets, are growing for the last 49 years. The company develops its own e-commerce segment to resist the pressure from on-line retail market players. This development is suggested to be a key driver for Walmart’s growing business. Walmart+ clients would also be granted an access to Paramount+ streaming service.

Walmart Q2 2022 net sales rose by 8.2% year-on-year. On-line sales were up by 12%, which is a pretty good result given the last-year COVID-19 restrictions that boosted on-line sales in 2021. The company has spent $3.1 billion on dividends and $5.7 billion on buybacks in the first half of 2022. 

Walmart stocks are considered a safe haven asset. The demand for company’s services is intact despite negative economic developments, prompting investors’ interest. WMT stock prices are 6% down from the beginning of 2022.