Dividend Ex-3
As seen above (Dividend Ex-3), this global retail industry has shrunk in dividends from 2012 to 2016 by 2.91%. Seeing as average inflation over these 5 years has been 1.29%, the industry is not keeping up with its dividend payments (or perhaps is switching to a different payout policy). While this is the case, Walmart seems to be the outlier with an average dividend growth rate of 6.55%. So, for an investor trying to find a stock with growing dividends, Walmart seems to be a viable option. The dividend policy of Kroger is fairly similar to Walmart.…