Dow Component Wal-Mart Stores (WMT) To Go Ex-dividend Tomorrow

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

The Dow Jones Industrial Average ( ^DJI) is trading up 83 points (+0.5%) at 16,443 as of Thursday, Mar 6, 2014, 10:35 a.m. ET. During this time, 69.1 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 403.4 million. The NYSE advances/declines ratio sits at 1,728 issues advancing vs. 1,136 declining with 169 unchanged.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Friday, March 7, 2014 is the ex-dividend date for Dow component Wal-Mart Stores (NYSE: WMT). Owners of shares as of market close today will be eligible for a dividend of 48 cents per share. At a price of $74.66 as of 10:35 a.m. ET, the dividend yield is 2.6% compared to the average Dow component yield of 2.6%.

The average volume for Wal-Mart Stores has been 6.6 million shares per day over the past 30 days. Wal-Mart Stores has a market cap of $243.1 billion and is part of the services sector and retail industry. Shares are down 4.5% year to date as of Wednesday's close.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company operates in three segments: Walmart U.S., Walmart International, and Sam's Club. The company has a P/E ratio of 15.5, equal to the average retail industry P/E ratio.
  • Practice your dividend trading strategies and win cash in our stock game.

TheStreet Ratings rates Wal-Mart Stores as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
null

If you liked this article you might like

Walmart Will Start Offering Meal Kits on Its Website by December

Target Boosts Hourly Minimum Wage to $11

A Defining Moment in Food Stocks Is Upon Us

Amazon Roadkill; Northrop Deal Synergies -- Jim Cramer's Top Thoughts

Food Stocks Go Hungry; China Pressure -- Jim Cramer's Top Thoughts