NEW YORK ( TheStreet) -- Wal-Mart ( WMT) raised its annual dividend by 9% to $1.59 a share. It paid $1.46 a share during the last fiscal year.
Mom, who's that man in our kitchen?
It's Walmart's latest bid to outdo Amazon. Could this be Walmart's checkmate?
'Better employees make for happier customers,' the retailer said of the decision to increase wages as it looks to restructure its business to be more competitive with Wal-Mart and Amazon.