Bill Gates’ Portfolio: 5 Dividend Stocks Held By The World’s Richest Man

4. Wal-Mart Stores Inc (NYSE:WMT)

Then there is Wal-Mart Stores Inc (NYSE:WMT), in which the Bill & Melinda Gates Foundation Trust owns 11.60 million shares worth $836.34 million. Wal-Mart Stores Inc (NYSE:WMT) is the only dividend aristocrat in which the Trust is invested and the stock currently has a yield of 2.70%. Wal-Mart Stores Inc (NYSE:WMT) has a tough battle ahead of it as it tries to take on Amazon.com, Inc. (NASDAQ:AMZN) in the online retail space. While still a leader in terms of overall sales, having generated $482 billion last year, versus Amazon’s $136 billion, Wal-Mart will have to adopt changes as the online retail industry expands to include groceries, a development that seems imminent now that Amazon has bought Whole Foods.

However, the good news is that Wal-Mart Stores Inc (NYSE:WMT) has the infrastructure required to perform well, as it has over 5,000 locations in the U.S, including over 3,000 Supercentres. Moreover, their close proximity to residential customers means that Wal-Mart can easily provide same-day delivery to its customers. In any case, the U.S retail market is worth over $5.0 trillion, so there’s plenty of room for both Wal-Mart and Amazon. Overall, 48 funds tracked by Insider Monkey disclosed long positions in Wal-Mart Stores Inc (NYSE:WMT) in the latest round of 13F filings, compared to 54 funds a quarter earlier.

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