Using the annual report and other sources such as a 10k or 10q's, discuss the dividend policy of your company.

• How would you describe the chosen company's dividend policy?
• Why does the company chose the dividend policy they have in place?
• Have they selected the best dividend policy for the company?
• How might this dividend policy function in both perfect and imperfect capital markets?
• Calculate the dividend rate over the past 5 years.Define why you believe that it has or has not changed over the last 5 years.

My company is Walmart