Traders are rotating back into defensive sectors – such as consumer staples, utilities, and healthcare – following an aggressive pullback in big tech and semiconductor shares. It’s also being fueled by growing anxiety that the Federal Reserve may hike interest rates to combat sticky inflation, combined with lingering geopolitical tensions.


One of the defensive names seeing renewed interest is Walmart (WMT), which is just starting to pivot higher after catching support. Plus, not only can traders benefit from potential price appreciation with WMT, they can also collect its dividends. In fact, its next dividend of $0.2475 will be paid out on September 8 to shareholders of record as of August 21. After that, it’ll pay that same dividend on January 4, 2027 to shareholders of record as of December 11.Recent earnings weren’t too shabby either. In its most recent quarter, the company’s EPS of 66 cents was in-line. Revenue of $177.75 billion, up 7.3% year over year, beat by $2.91 billion.
Sincerely,
Ian Cooper
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