Walmart is an American multinational retail corporation that operates a chain of hypermarkets, department stores and grocery stores in the United States, with headquarters in Bentonville, Arkansas. The company has been providing customers with low prices and excellent service since its inception, and has since grown to become a global brand in the retail sector. In 1974, Walmart began offering annual dividends and has since increased its dividend payments every year. The company is part of the S&P 500 and offers lucrative dividend payments as an outstanding feature of its stock.
To calculate the cost base of Walmart common stock, adjusted for any corporate stock or dividend reinvestment, you can use NetBasis. However, Walmart does not represent or warrant the accuracy of any cost base calculation made with NetBasis or the information on the NetBasis website. Walmart's success in offering lower prices than its competitors in the retail market, while still being very service-oriented, ultimately proved that Sam Walton was right. By that year, Walmart had no less than 8,400 stores and operated in 15 countries around the world.
Through acquisitions and joint ventures in several countries, Walmart has become a global brand in the retail sector.