Earnings season is winding down, and there was lots of good news as well as some surprises. Many retailers that benefited from last year's pandemic-related, sales spurt continued to see strong earnings -- much to the delight of their shareholders. Even better, some of these retailers are also managing to grow their dividends, making these shares even smarter buys.
Target (NYSE: TGT) , Walmart (NYSE: WMT) , and Starbucks (NASDAQ: SBUX) all posted great earnings recently and upped their dividends too. Let's see why this should cheer investors.
Mega-retailer Target continues to dominate the U.S. market, and the reason is not a mystery. It comes down to Target's three important strengths: omnichannel capabilities, a commitment to value, and creativity in the distribution process. And it's the way these three ingredients all work together that make the retail chain a force in shopping. It helped fuel a 12% increase in comparable-store sales, or comps, in the third quarter.
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3 Hot Stocks That Offer Great Dividends