84-year-old Dividend King tops $1 trillion valuation milestone

Walmartrecently crossed the $1 trillion market cap threshold and is now up an impressive 510% over the past decade. If we adjust for dividend reinvestments, cumulative returns for the Dow Jones 30 member is closer to 630%, since February 2016, according to data from Y-charts. It's a remarkable milestone for an 84-year-old company that started with a single discount store in Rogers, Arkansas, in 1962, founded by Sam Walton on one simple idea: sell things cheaper than anyone else. That idea still runs the ...