Terrible pay for its workers? Check. Poorly stocked shelves? Check. Stores that are a few years overdue for a good cleaning? Check. Indeed, aside from low-prices (and the retailer isn’t even as price-competitive as it used to be), it’s tough to identify any redeeming qualities for Walmart (WMT).
We sure love WMT stock, though, and why not? WMT stock is up more than 400% for the past twenty years, and the company has faithfully paid an average dividend of around 2% since 2009.
Just about everyone hates to visit a Walmart store, but plenty of investors proudly hold WMT stock in their portfolios.