A Costco Special Dividend Could Be Coming, but Walmart Has Raised Its Dividend for 53 Consecutive Years. Here's the Better Buy Now.

Walmart and Costco are both reliable dividend stocks, but they take different approaches. Walmart offers a higher yield (0.95% vs 0.6%) and has increased its dividend for 53 consecutive years, making it better for income investors. Costco has a history of large special dividends and faster dividend growth (10% annually vs 4%), making it more attractive for dividend growth investors. However, both stocks are currently overvalued relative to their five-year averages.