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Uncertain of Congress, Walmart Moves Dividend Payment

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Wal-Mart Stores Inc. moved its planned dividend into late December from early January to help its investors avoid a possible jump in taxes on shareholder payouts, which is part of the so-called ‘fiscal cliff.’ In the face of looming cuts scheduled to occur January 1st and the possible ensuing tax rate changes, this decision by the board of Wal-Mart may ...

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