02-20-2018, 09:43 AM
With the midpoint of the new lowered guidance, this new dividend is a nearly 43% of FY earnings.
I wouldn't expect any more than 2% increases from WMT until the payout ratio gets back to the ~35% level.
I wrote about this back in early 2015, and it's played out just as I expected.
I wouldn't expect any more than 2% increases from WMT until the payout ratio gets back to the ~35% level.
I wrote about this back in early 2015, and it's played out just as I expected.