Walmart and Coca-Cola, two giant companies, recently increased the money they pay to their investors (like a reward for owning their stocks!). This is called a dividend.
It's like getting extra pocket money for owning part of a big company! Both companies did well last year, and they want to share their success.
- Walmart raised its dividend by 13%.
- Coca-Cola raised its dividend by 5%.
- This is exciting news for investors who own these companies' stocks!
Company | Dividend Increase | Approximate Yearly Dividend per Share |
---|---|---|
Walmart | 13% | ~$0.96 |
Coca-Cola | 5% | ~$2.04 |
These are big companies, and it's important to remember that investing in stocks has risks.