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

In 200 -300 words  Revisit the Walmart's annual report and other sources such as a 10k or 10q’s, discuss the dividend policy of your company.

Answer the following questions as part of your response:

How would you describe your chosen company’s dividend policy?
Why do you believe this company chose the dividend policy they have in place? 
Do you agree or disagree that they have 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.
Support your position with evidence from the text or external sources.